News

JMIS goes clear with new PIE recipe, back-office deal with Devon

10 April 2017

InvestmentNewsNZ: The Auckland-based JMIS has rebranded its $275 million portfolio investment entity (PIE) funds arm while doubling the product range with the launch of three new funds last week. More>  

Anglican scheme looks for ethical uplift

10 April 2017

InvestmentNewsNZ: The rising demand for socially responsible investment (SRI) options has sparked renewed interest in niche ‘ethical’ funds, according to Anglican Pension Board general manager, Mark Wilcox. More>  

Local financial services companies overestimating the impact of start-ups

10 April 2017

Interest.co.nz: Financial advisory and auditing firm PwC says New Zealand financial services firms are too focused on start-ups and not focused enough on themselves and existing competitors when it comes to potential for technological disruption. More>  

ANZ keen to keep KiwiSaver business

10 April 2017

Interest.co.nz: When the ANZ Banking Group gets around to "considering" the future of its New Zealand wealth unit, one thing it won't be doing is selling its KiwiSaver business, CEO Shayne Elliott says. More>  

IMF finds over-indexing threat to global market stability

10 April 2017

 InvestmentNewsNZ: Passive investing could pose a threat to global financial stability if the sector’s growth continues unabated, according to a new International Monetary Fund (IMF) study. More>  

Cullen concerned over perpetual saving 'holidays'

7 April 2017

 Stuff.co.nz: Cullen, who as Labour finance minister launched KiwiSaver in 2007, now calls the holiday rule a "kink" in the design of KiwiSaver. More>

ASB steps up KiwiSaver advice

7 April 2017

NZ Herald: ASB says a change in the way the regulator views personalised financial advice has opened the door for it to provide more KiwiSaver advice. More>  

John Mauldin takes a look at some data on retirement savings

7 April 2017

Interest.co.nz: John Mauldin takes a look at some data on retirement savings – or lack thereof. “The trouble with retirement is you never get a day off.”– Abe Lemons. More>  

Advisers can work with many entities: MBIE

7 April 2017

 Goodreturns: MBIE has confirmed that a financial adviser will be able to work for more than one licensed financial advice provider under the new regime. More>  

New laws fall short around fund fee disclosure

7 April 2017

 NZ Herald: Regulators and politicians publicly wring their hands and despair at the fact that many New Zealanders choose to invest in residential property rather than "productive" investment in the stock market. More>