News

New mathematical model could stop future financial crashes

27 February 2017

Massey University’s Professor Emeritus Graeme Wake and Professor Jeong-Hoon Kim from Yonsei University’s in South Korea have revisited the Black-Scholes model and re-formulated it to better cope with today’s markets. More>

Cullen says it's time KiwiSaver fees fell

27 February 2017

Stuff.co.nz: KiwiSaver founder Sir Michael Cullen says it's time for fees to drop. "There is certainly space for KiwiSaver fees to start coming down now that so many of the funds have bulked up substantially," the former deputy prime minister said. More>

Active management mostly still fit-for-purpose

27 February 2017

InvestmentnewsNZ: Active management continues to be a good bet in the NZ equities market but the odds narrowed in recent years, a new Mercer report reveals. More>

Green paper warns on UK pensions regulation

24 February 2017

Financial Times: The UK government has resisted calls to force companies to obtain clearance from the pensions regulator before doing corporate deals, as it unveiled proposals to sustain the £1.5tn final salary pensions sector. More>

APRA: superannuation changes hit contributions

24 February 2017

The Australian: The superannuation industry continues to be hit by the federal government’s tax and contribution changes with figures out yesterday from the Australian Prudential Regulation Authority showing a 19 per cent plunge in net contributions. More>

Lifetime eyes Australian QROPS opportunities

24 February 2017

SuperReview: New Zealand-based Lifetime Asset Management Limited has talked up the launch of its Garrison Bridge Superannuation Scheme in Australia at the same time as announcing former NZ Deputy Prime Minister, Sir Michael Cullen, had joined its board. More>

Push for NZ Super portability

24 February 2017

Radio New Zealand: The New Zealand Foreign Minister Murray McCully says he will push for a further relaxation of the rules on pension portability for Cook Islanders. More>

Cullen calls for annuities

22 February 2017

Goodreturns: Former deputy prime minister and finance minister Sir Michael Cullen says the need for an annuity provider to help KiwiSaver members manage their lump sums on retirement is another sign of the scheme’s success. More>

NZ Super Fund performance report for January 2017

22 February 2017

The New Zealand Superannuation Fund has released its performance and portfolio report for January 2017. Since inception the Guardians have added $16.5 billion to the Fund, compared to the Treasury Bill return. More>

Government strives to clean up FSPR

22 February 2017

Interest.co.nz: The Government is considering making companies include detail of who their supervisor is under the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act) as it strives to clean up the Financial Service Providers Register (FSPR). More>