| Log In Subscribe for $0.99/week
nib posts first half loss but expects to rebound in second half
Insurance

nib posts first half loss but expects to rebound in second half

nib New Zealand said unusually high, industry-wide costs and claims inflation and slow economic growth had an impact on the health insurer’s first half profit.

Tue, Feb 25th 2025 11:33AM
[Opinion] Are life advisers required to be proactive?

[Opinion] Are life advisers required to be proactive?

3 min read
nib rolls out its life offering

nib rolls out its life offering

2 min read
Find out about nib's new products

Find out about nib's new products

1 min read
Resolution Life completes Asteron purchase

Resolution Life completes Asteron purchase

2 min read
Former Fidelity BM of the year joins NZHL

Former Fidelity BM of the year joins NZHL

2 min read
[Opinion] CPD – identifying the stuff we don’t know but really should

[Opinion] CPD – identifying the stuff we don’t know but really should

5 min read
New life insurance company coming

New life insurance company coming

3 min read
Year in Review: New bosses; New player; Lots of action

Year in Review: New bosses; New player; Lots of action

4 min read
[OPINION] Is the risk industry at risk?

[OPINION] Is the risk industry at risk?

4 min read
[Opinion] Shooting of US health insurance CEO thoughts

[Opinion] Shooting of US health insurance CEO thoughts

4 min read
[Opinion] More on a FSCL decision – issues for advisers to consider

[Opinion] More on a FSCL decision – issues for advisers to consider

4 min read
Resolution Life swallowed up by Nippon Life; What does it mean for the Asteron sale?

Resolution Life swallowed up by Nippon Life; What does it mean for the Asteron sale?

2 min read
Life Insurer of the Year Achieves 97% claims payout rate

Life Insurer of the Year Achieves 97% claims payout rate

2 min read
More on a FSCL decision – issues for advisers to consider

More on a FSCL decision – issues for advisers to consider

5 min read
Partners kills its matrix

Partners kills its matrix

2 min read
NEWS BITES
What's Hot
AI provider to KiwiSaver secures funding
Thu, Jun 26th 2025 05:20AM
01
Generate makes another PE investment
Wed, Jun 25th 2025 08:39AM
02
03
Australian ETF giant cracks $50 bill FUM
Tue, Jun 3rd 2025 05:16PM
04
Latest Comments
Surge in complaints against advisers
Susan Taylor is not THE financial ombudsman. We have an appointed Banking Ombudsman who is Nicola Sladden but there is no financial ombudsman per se. Susan Taylor is the CEO of Financial Services Complaints Limited (FSCL) a dispute resolution scheme which after a protracted court battle has now been allowed to use the term ombudsman in its name. FSCL’s website is now stating that they are “a financial ombudsman service” Susan Taylor in addition to being their CEO is also calling herself Financial Ombudsman. Just felt it was important to highlight the above when this article is all about people making instant judgements about others.
1 month ago Simon Rule
Business funding landscape change
As reported yesterday Kiwibank is owed just over $1.8 million now after the collapse of the Solar Group, while the Inland Revenue is owed around $933,675. The people in charge at Kiwibank think they don't need to run it like a real bank because of its taxpayer backing. Their attitude has always been they can just go back to the Government (taxpayer) for more money if needed. A lot of their lending decisions are based around this.
1 month ago Simon Rule
Trust Management starts push into financial advice market
Exciting to see Trust Investments stepping into the financial adviser space with such clarity of purpose and vision. After years of delivering thoughtful, values-driven outcomes for institutional and for-purpose clients, their expansion brings a welcome addition to adviser portfolios - with their Global Bond Fund providing a relevant alternative to some of the traditional approaches.
1 month ago Clayton Coplestone
Salt's Long Short Funds delivers the manager a big payday
I mean seriously, it's not really a benchmark that is a true test of skill is it?. It's set at such a level that a passive exposure would pay performance fees. From Salts own fact sheet, since inception the benchmark has returned 7.45% and also from Salts own fact sheet a passive NZX/ASX exposure return of 8.66% per annum. Congrats, you've underperformed your own passive comparison by 1.2% per annum before fees! It gets real spicy if you take a passive, hedged exposure to SPX. Now your benchmark is underperforming a passive exposure by 7% per annum. Don't really see the point of the the fund, not even volatility reduction as it looks like the fund participated fully in the drawdown during Trump 1 and COVID.
1 month ago Barry Peters
Big, fat beautiful fees
FYI - It is NOT the bank's data. If I as a banking customer agree that the fintech may have access the banks can't stop or charge for that data. If they do I can charge the bank for using my data. What ius good one way should be good the other as well.
1 month ago Martin Frauenstein