INFINZ Awards Recognises Excellence

Press Release – INFINZ

The 2018 INFINZ Awards were celebrated on Thursday 17 May at a Gala black-tie dinner at The Cordis Hotel in Auckland. A record 850 guests enjoyed an evening to celebrate excellence in the financial and capital markets eco-system in New Zealand. Read more »

HiFX Morning Update, May 18 2018

Press Release – HiFX

The USD strengthened, and NZDUSD fell, after US bond yields (interest rates) rose to 7-year high, and amid concerns over political developments in Italy could negatively impact euro zone political stability. Read more »

Constantly checking your KiwiSaver balance could cost you

Article – BusinessDesk

May 17 (BusinessDesk) – Banks tendency to put their customers KiwiSaver balance on their online statements could be bad news for investors in the long term, according to financial author and KiwiSaver expert Mary Holm. Read more »

NZ govt tilts debt profile to long-term maturities

Article – BusinessDesk

May 17 (BusinessDesk) – The New Zealand Debt Management Office will increase its sale of government bonds over the next four years, while trimming short-term Treasury bills, lifting the borrowing programme by about $1 billion. Read more »

Recalibrating the Budget for wellbeing

Press Release – Deloitte

Budget 2018 the last of its kind with a world-first wellbeing Budget mooted for next year Deloitte partner David Lovatt says the announcement of next years wellbeing Budget shows Governments commitment to a more holistic approach … Read more »

CBL Update

Press Release – Financial Markets Authority

The FMA intends to file a case stated procedure to seek the courts determination on whether continuous disclosure obligations for listed issuers continue to apply when the issuer is in voluntary administration. Read more »

Pushpay meets FY18 guidance as revenue doubles

Article – BusinessDesk

May 17 (BusinessDesk) – Pushpay Holdings, the mobile payments app company, narrowed its net loss as it doubled revenue in 2018, in line with forecasts. Read more »

HiFX Morning Update, May 17 2018

Press Release – HiFX

The NZDUSD opens at 0.6896 (mid-rate) this morning. The Kiwi has managed to recover some ground overnight, after setting new lows around 0.6850 in the current down-trend. Read more »

FMA hopes sunlight on adviser junkets will spur change

Article – BusinessDesk

May 16 (BusinessDesk) – The Financial Markets Authority wants insurers to rethink their sales incentives after a report found junkets were being dangled to advisers as a sweetener for a hard pitch on new life and health insurance policies. Read more »

CORRECT: Bank of New Zealand rings in executive changes

Article – BusinessDesk

May 16 (BusinessDesk) – Bank of New Zealand chief executive Angela Mentis is ringing in more changes among her leadership team, with the heads of product development and customer service set to depart at the start of July. Read more »

NZ First Bill to Further Protect Farmers Accepted

Press Release – New Zealand First Party

New Zealand First is delighted that a members bill introduced to the house to provide additional protection for financially stressed farmers has passed its first reading today. Today is a win for provincial New Zealand. Farming is the backbone … Read more »

Insurers spend $34 million on soft commissions

Press Release – Financial Markets Authority

A Financial Markets Authority report published today details how nine life and health insurance companies spent $34 million on non-financial incentives like trips, business support and conferences for financial advisers over a two-year period. Read more »

BNZ rings in executive changes in product, customer service

Article – BusinessDesk

May 16 (BusinessDesk) – Bank of New Zealand chief executive Angela Mentis is ringing in more changes among her leadership team, with the heads of product development and customer service set to depart at the start of July. Read more »

Report highlights importance of transparency and disclosure

Press Release – Financial Services Council

The Financial Services Council welcomes the FMA report on remuneration structures in the insurance industry and the important issues it raises in relation to transparency and disclosure. Read more »

NZ fintech businesses helping the wider Kiwi public

Press Release – Make Lemonade

NZ fintech businesses helping the wider Kiwi public May 16, 2018 New Zealand fintech businesses are working toward an inclusive society despite some experts saying the gap between the have and have nots is getting wider, FintechNZ general manager James … Read more »

HiFX Morning Update, May 16 2018

Press Release – HiFX

The NZDUSD opens at 0.6857 (mid-rate) this morning. The USD outperformed overnight as Bond prices fell and Treasury yields spiked higher, following solid economic data releases out of the US. The US Commerce Department retail sales report showed both … Read more »

FMA releases fourth AFA information report

Press Release – Financial Markets Authority

The Financial Markets Authority today published its fourth statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. Read more »

FMA releases fourth AFA information report

Press Release – Financial Markets Authority

The Financial Markets Authority today published its fourth statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. Read more »

Finance company has a heart

Press Release – Nobilo Finance

On the 14th May 2018 Nobilo Finance made its first charitable donation of many, to Plunket NZ. As part of the new website release and founding principles of the company, Sam Nobilo is working towards giving back to local communities. $25 of every … Read more »

KiwiSaver members urged to claim $521 ‘free money’

Press Release – ANZ New Zealand

ANZ Investments has launched a campaign to remind KiwiSaver members that $521 of free money is available from the Government if they contribute enough to their KiwiSaver accounts. Read more »

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