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.

Wholesale investors will likely need to provide more detailed evidence of their eligibility if the Financial Markets Authority receives support for its position on eligible investor exclusion from the High Court. 

KiwiSaver members will likely be keeping a closer eye on their balances as their pot grows but for most a straightforward management approach remains the best fit, says Milford Asset Management’s Head of KiwiSaver and Retail.

KiwiSaver provider Pathfinder is apologising for not providing enough information about its ethical investment policy exceptions in its advertising - a failure which landed the company an FMA censure.

How advisors choose to wield their influence will help determine how fast impact investing becomes a meaningful tool for solving some of society’s major issues, says the head of multi-asset impact fund Soul Capital.

KiwiSaver providers are questioning whether they are adequately equipped to deal with hardship applications, with some wanting to see a centralised service established for savers who need to access their funds.

Dean Hegarty, co-CEO of Responsible Investment Association of Australasia joins GRTV’s Philip Macalister to discuss RI performance, greenwashing concerns and the growth of impact investing, as the organisation releases its annual benchmark report.

The Financial Markets Authority is investigating three possible breaches related to ethical investing claims.

The $30 billion-plus ANZ Investments and global investment manager Mercer have abandoned their partnership deal.

A review of tax settings for different fund structures alongside a maturing market approach to portfolio builds could help support the growth of New Zealand’s local ETF market, says Smart CEO Anna Scott.