NEW ZEALAND

Funds management

Centuria Capital has acquired a 19% stake in New Zealand real estate funds business Augusta Capital, its first offshore acquisition, as it seeks to develop a presence in ...

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Financial planning

The New Zealand Government has signalled it will slow the pace of regulatory change for the financial services industry to allow it to help consumers move beyond COVID-19...

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Superannuation

Default KiwiSaver funds will be moved from conservative to balanced funds in a shake-up of the New Zealand superannuation system....

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Superannuation

The New Zealand government has decided fossil fuels will be banned from KiwiSaver funds in line with the desires of its citizens. ...

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Expert Analysis

Founder and principal of New Zealand financial planning firm Fairhaven Wealth Sonnie Bailey explores the differences between the two Australasian markets....

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Financial planning

Advisers have an opportunity to educate New Zealanders that life insurance is vital, according to the Financial Services Council of New Zealand....

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People & Products

Aon has appointed Jonty Vavasour as executive director, mergers and acquisitions (M&A), and transaction solutions in New Zealand....

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Funds management

Publicly-listed financial services technology provider, GBST will kick off the week in a trading halt on the Australian Securities Exchange after rejecting another takeov...

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Features

Many Australian fund managers have tried and struggled to enter the New Zealand asset market. But they won’t find meaningful success there, Clayton Coplestone writes, unl...

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Life/Risk

AUB Group has announced the acquisition of the remaining 50 per cent shareholding of one of the largest New Zealand’s insurance brokers, BrokerWeb Risk Services....

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Funds management

Antipodes Partners has launched portfolio investment entity or “PIE” versions of two of its funds in New Zealand....

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Policy & Regulation

The Kiwi regulator’s thematic review on replacement business practices in the insurance industry has a number of important findings for the sector, according to the Finan...

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Financial planning

While commission-based remuneration of planners is under greater threat in Australia, the New Zealand Government is opting to pursue a transparency approach around advise...

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Funds management

AMP Capital has announced that its two infrastructure funds in New Zealand have managed to attract their first investors....

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Funds management

CommBank has said proposed changes to New Zealand legislation hybrid capital securities will not impact PERLS distributions....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 12 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago