Strong client demand for big name US ETFs has prompted investment platform InvestNow to expand its offering of low-cost locally-packaged options.

An almost complete lack of transparency around sources of data for AI will continue to present a challenge to investors looking for exposure to AI themes or to invest in companies using AI in their business, according to global research house MSCI.

The catch-all label ESG used in proving funds’ credentials is falling further out of favour as asset managers adapt in the second Trump era.

KiwiSaver members are repeatedly dipping into their funds to get them out of financial hardship in some cases to the extent they’re landing back at a zero balance.

The latest Morningstar KiwiSaver report shows the largest provider ANZ with $22 billion under management continues to be outperformed by most other providers in the core diversified fund categories.

The latest Morningstar KiwiSaver report shows the largest provider, ANZ with $22 billion under management, continues to be outperformed by most other providers in the core diversified fund categories.

Retirees’ spending tends to slow as they age which should challenge some assumptions about the need for an intimidatingly-large sized pot of retirement savings, according to the New Zealand Society of Actuaries.

Non-bank deposit takers both new and old will have to compete for the attention of advisors even with the backing of the government’s incoming insurance scheme for deposits.

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

There appears to be an appetite among KiwiSaver members to take home less pay now in order to boost their retirement savings, according to a survey by investment platform Sharesies

Retirees’ spending increased in 2024 as like the rest of the population they faced hikes in housing, utilities, transport and the cost of insurance.

Angel investors are concerned their ability to invest in startups could be in jeopardy if the Financial Markets Authority gains support for its stance on wholesale investors’ eligibility.

New regulations dictating how open finance works for the banking sector could be in place by the end of the year with advisers encouraged to start thinking about how developments could change the way they do business.

Sharesies is a recent arrival on the KiwiSaver scene but says it’s finding favour with customers who access all their investments in one place.

Sharesies’ latest data shows a return in retail investor confidence in the final months of 2024 with investors continuing to look for US exposure via ETF.

The first company to be granted a non-bank deposit taker license by the Reserve Bank in nearly a decade says it will look to build strategic partnerships with advisor networks as it develops the lending side of its business.