Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 77 results for "Kiwis"

Fiducian expands NZ footprint

JAMIE WILLIAMSON  |  WEDNESDAY, 8 SEP 2021
The ASX-listed group is growing its presence across the ditch, with six of its funds becoming available via a KiwiSaver scheme. The six funds have been added to the KiwiWRAP KiwiSaver Scheme, which is a scheme for sophisticated investors looking to ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
The man credited with spearheading the creation of KiwiSaver and the NZ Super Fund, Sir Michael Cullen, is being remembered as one of New Zealand's most influential politicians. The New Zealand government announced today the passing of Sir Michael Cullen ...

S&P launches new ESG tilted NZ index

ELIZABETH MCARTHUR  |  TUESDAY, 20 JUL 2021
S&P Dow Jones Indices has introduced a new NZX 50 portfolio ESG tilted index. The rules-based index uses relevant ESG principles to select and weight constituents from the S&P/NZX 50 Portfolio Index, which is designed to measure the performance of the ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... Clark said. Robertson added that the New Zealand government wants to see default funds invest responsibly. "We know many Kiwis care about where their money is invested, so we are excluding any investments in fossil fuel production. This reflects the ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... initiative will be partially met through an increase in levies on regulated financial institutions, the government said. Even Kiwis, or at least those now living and working across the ditch are set to benefit, with the government committing $11 million ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
After the shock of the Early Release of Superannuation scheme's COVID-19 amendment, the superannuation sector can breathe a sigh of relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on ...

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
An overwhelming 70% of products that New Zealand financial advisers recommend are life insurance products, according to the country's financial markets regulator. New statistics released by the Financial Markets Authority (FMA) reveals that risk products ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Fees charged by MySuper products could halve over the next decade to a median of 0.5% per year, says Rainmaker Information which analysed the fees of 457 super products over the last six months. The research found MySuper products charged members median ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
Northern Trust Asset Management has snagged a $5 billion allocation as Vanguard reverses from special mandates in Australia and New Zealand. ANZ Investments in New Zealand has swapped out Vanguard Investments Australia for Northern Trust. The change ...

AMP awards mandate to BlackRock

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
BlackRock has won a passive investment strategy mandate from AMP New Zealand for an undisclosed amount. AMP's subsidiary AMP New Zealand Wealth Management (NZWM) has awarded the mandate to BlackRock Investment Management to deliver the new indexed ...