Consilium says its wrap service will grow to $4 billion in funds under administration in the next calendar year.
New Zealand and global investors representing more than $5 trillion have added their support to the Christchurch Call, which sets out voluntary commitments for governments, companies and wider society to work together to eliminate terrorist and violent extremist content online.
The Financial Services Council is to formally merge with Workplace Savings NZ.
The group tasked with reviewing New Zealand’s capital markets has identified some issues with the way that advisers work.
Almost two-thirds of New Zealanders think the local economy is tracking well, Kiwi Wealth’s State of the Investor Nation report shows.
AMP says its New Zealand wealth management business lifted assets under management by 7 per cent in the first quarter of this year but its cashflows turned negative.
Financial Standards Planning Board (FPSB), owner of the international Certified Financial Planner certification programme outside the United States, is seeking nominations for two open four-year positions on FPSB’s board of directors beginning April 1, 2020.
The Financial Services Council has acknowledged the progress on the Government’s financial sector culture and conduct reform work programme with the release of two options papers and said it welcomed the opportunity to respond to them.
NZ Funds says its plan-writing technology is flourishing, but it has no plans to jump into roboadvice.
Smartshares has signed a deal with BlackRock to list eight new exchange-traded funds (ETFs) on the NZX this June.
A new study has named the New Zealand Super Fund as one of the world’s most responsible asset allocators.
Fund managers are adding exclusions in line with New Zealand's new gun laws.
One man has been jailed and two men sentenced to home detention at the Auckland High Court for their part in using finance companies to try to save commercial businesses during the global financial crisis.
Index funds are the top seller at InvestNow so more products have been added to the shelf.
The Financial Services Legislation Amendment Bill is at number five on the parliamentary order paper Tuesday.
Premium China Funds Management has announced fee reductions on its Premium Asia Fund.
Records of how the NZ Super Fund has voted at listed company AGMs are now available on its website.
The Financial Markets Authority is to remove the expiry dates for all licences issued under the Financial Markets Conduct Act in a process expected to be complete by the middle of 2019.
The Adviser Platform (TAP) has launched a new website showcasing its admin and support platform, designed for advisers looking for a change this year.
Commerce Minister Kris Faafoi says New Zealand's continued access to key global financial markets has been assured by legislation aligning New Zealand with other regulations reaching its first milestone.
Kiwi fintech Chelmer has opened its first international office, in the Philippines.
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