News

Gold suffers Trump effect

21 December 2016

Morningstar: The markets have gone into fantasy mode since the US presidential election. US stocks reached new all-time highs, the US dollar has soared, copper has had a parabolic rise, and interest rates are up substantially--while gold has tumbled.  More>

Four risks for retirement planning

21 December 2016

Morningstar: There's a real risk that well-meaning retirees and retirement savers can over-save and under-spend, according to Morningstar's US-based director of personal finance Christine Benz.  More>

RBNZ explains bank stress testing

21 December 2016

The Reserve Bank has released a new animated video explaining banking sector stress tests. Scoop press release.  More>

DIA at anti-money laundering symposium

21 December 2016

The Department of Internal Affairs represented New Zealand at an international forum in Washington of supervisors who combat money laundering and terrorism financing.Scoop press release.  More>

RPRC on justice and equity in retirement

21 December 2016

The University of Auckland's M.Claire Dale and Susan St John recognises both the complexities of how to treat people with overseas state pensions and the requirement for justice and equity when dealing with people’s savings for retirement.  Retirement Policy and Research Centre. More>

Couillault maps out Hobson's path

21 December 2016

GoodReturns: The former Macquarie Private Wealth business, now called Hobson Wealth Partners, plans to become more prominent next year, its new owner, Warren Couillault tells Owen Poland. More>

Eaqub: the coming war of ages

19 December 2016

Are we marching towards an inevitable war between generations? The young feel hard done by; unlikely to achieve what their parents did. Stuff.co.nz. More>

Maxwell: 'Make immigrants wait for Super'

19 December 2016

Maxwell, who has a statutory duty to advise Parliament every three years on retirement income policy, thinks people should have 25 years as an "ordinary resident" in New Zealand after the age of 20 before they qualify for NZ Super, though they would qualify for emergency benefits if they fell on hard times before that. Stuff.co.nz. More>

Banks fight dashboard disclosure

19 December 2016

New Zealand banks have come out strongly against their regulator's plans to enforce its proposed dashboard quarterly disclosure regime on them. Interest.co.nz. More>

Russell Investments goes cluster-free

19 December 2016

Russell Investments has joined the growing band of managers to specifically exclude controversial weapons manufacturers from its investment universe. In a note to NZ clients earlier this month, Russell says the change followed a recent review of its environmental, social and governance (ESG) process. InvestmentNewsNZ. More>