logo
Empowering women in finance

PinkInvestments on Youtube Youtube     PinkInvestments on Facebook Facebook     

PinkInvestments on Twitter Twitter       PinkInvestments on LinkedIn LinkedIn

Market News


Market News from the worlds top financial websites
Mon May 21, 18

Sam Stubbs calls for financial services sector to answer 24 questions - Mon May 21, 18 - NZHerald PersonalFinance
Outspoken finance expert Sam Stubbs has already called for New Zealand to follow Australia and have a Royal Commission into misconduct in the financial services sector.And now he has come up with a list of 24 questions he believes... more ...

Second New Zealand bank swamped by fraud and transaction disputes - Mon May 21, 18 - NZHerald PersonalFinance
A second major bank has admitted to being swamped by fraud and transaction disputes forcing it to hire extra staff to cope.ANZ, the country's largest bank said it received a lot of queries through December and January and had to... more ...

ASB inundated by 'unprecedented increase' in credit card frauds, dispute complaints - Mon May 21, 18 - NZHerald PersonalFinance
ASB Bank says more people making online purchases is behind an "unprecedented increase" in dispute inquiries.A customer of the bank was last week told he would have to wait at least a month to have a fraudulent transaction dealt... more ...
Sun May 20, 18

Insurers drag heels on freebie trips call despite repeated warnings from regulator - Sun May 20, 18 - NZHerald PersonalFinance
New Zealand's major life and health insurers are dragging their heels over pressure to can freebie trips for financial advisers despite a repeated warnings from the regulator warning over the potential for conflicts of interest for... more ...
Sat May 19, 18

Diana Clement: A ticking debt time bomb - Sat May 19, 18 - NZHerald PersonalFinance
Debt can spiral out of control quickly. Some people are perpetually in debt.But others who have always been able to pay can by thrust into spiralling debt thanks to unforeseen life changes, says Susan Taylor, chief executive officer... more ...
Wed May 16, 18

Mike Taylor: Emerging benefits of ESG investments - Wed May 16, 18 - NZHerald PersonalFinance
In August 2016, the Herald published an examination of KiwiSaver investments in cluster munitions, landmines and tobacco.Prior attempts had been made to highlight these investments but for whatever reason, the Herald piece struck... more ...

Insurers paid $34m in 'soft' incentives to advisers in two years - Wed May 16, 18 - NZHerald PersonalFinance
Insurers are under pressure to change the soft incentives they offer externally employed financial advisers after a report on the industry revealed nine health and life insurers spent $34 million on them in two years.The Financial... more ...
Mon May 14, 18

Here come the robots: First digital financial advice gets green light - Mon May 14, 18 - NZHerald PersonalFinance
Already under pressure from reputational challenges, New Zealand's human financial advisor workforce will now have to go head to head with computer-generated advice.KiwiSaver provider Kiwi Wealth has today received the green light... more ...

Never mind bombs or tobacco: pornography is what Kiwisavers are most worried about - Mon May 14, 18 - NZHerald PersonalFinance
Investing in the pornography industry is the biggest worry for KiwiSaver members concerned about where their money is going - ranking ahead of weapons, gambling and tobacco, according to Consumer New Zealand research.Consumer's... more ...
Sun May 13, 18

Niesche: Rotten Aussie finance sector filled with spivs and crooks - Sun May 13, 18 - NZHerald PersonalFinance
Australians have learned over the past few weeks that our A$2.6 trillion (NZ$2.84 trillion) of retirement savings has been left in the hands of the dishonest and the incompetent.And the corporate policeman has done nothing to stop... more ...
Fri May 11, 18

Finance-savvy Kiwis on the meaning of money - Fri May 11, 18 - NZHerald PersonalFinance
Alexia Hilbertidou Founder and CEO of GirlBoss New Zealand, a social enterprise dedicated to empowering girls and young women What does money mean to you? If you were to categorise my money personality you would probably... more ...

Shareholders Association wants CBL Corp liquidated - Fri May 11, 18 - NZHerald PersonalFinance
The Shareholders Association has called for CBL Corporation to be put into liquidation ahead of a watershed report due to be released to the sharemarket today.NZX-listed construction risk insurer CBL appointed KordaMentha voluntary... more ...
Thu May 10, 18

Young Kiwis more comfortable with debt - Thu May 10, 18 - NZHerald PersonalFinance
Young Kiwis are much more comfortable carrying debt than those over the age of 45, research by the BNZ has revealed.Its Financial Futures study showed people aged 18 to 24 were the group most relaxed about debt, with men more so... more ...

Bank costs may drive mortgage rates higher, warns Reserve Bank - Thu May 10, 18 - NZHerald PersonalFinance
Interest rates could rise on the back of increased funding costs for banks, the Reserve Bank has warned.The central bank which today kept the official cash rate on hold at 1.75 per cent outlined concerns about the impact of US dollar... more ...

Future of AMP NZ remains undecided following Aussie revelations - Thu May 10, 18 - NZHerald PersonalFinance
The future of AMP's New Zealand business remains undecided after its Australian parent said it was prioritising the performance of the business, finding a new chief executive and replacing its board in the wake of the fall-out from... more ...

ANZ's loan calculator problem hits 100,000 customers - Thu May 10, 18 - NZHerald PersonalFinance
Around 100,000 ANZ bank loan customers have been charged the wrong amount of interest after the bank made incorrect calculations.The country's largest bank launched a loan interest calculator in March 2015 on the back of changes... more ...

Get Sorted: Financial feminism can close the gender wealth gap - Thu May 10, 18 - NZHerald PersonalFinance
View life as a race, and you're bound to feel left behind. There are always others who started earlier, started ahead, are natural runners, had longer legs, had better shoes – whatever the reason."Getting ahead" financially, though,... more ...

Big banks rake in nearly $2b in cash profits - Thu May 10, 18 - NZHerald PersonalFinance
Low numbers of bad loans has helped three of New Zealand's major banks pull in close to $2 billion in half-year cash profits but one expert is warning that it could be as good as it gets.Westpac yesterday joined BNZ and ANZ in reporting... more ...

Westpac posts $482m profit, welcomes regulator's call for proof of good conduct - Thu May 10, 18 - NZHerald PersonalFinance
Westpac's New Zealand boss says it is confident in its systems and processes and will cooperate fully with regulators who have demanded answers from New Zealand banks in the wake of controversial revelations from Australia's banking... more ...

Kiwis left confused by Kiwisaver documents: AUT research - Thu May 10, 18 - NZHerald PersonalFinance
Information designed to give people a basic overview of a KiwiSaver scheme may instead be confusing them and making it harder for people to compare schemes, research has revealed.A study by AUT university asked 48 people for their... more ...
Last updated : Tue May 22, 18 - 17:39:26


mini_logo

Disclaimer: All the information above is provided as a service for individuals and institutions. It should in no way be construed as a recommendation as an investment. Investment decisions should be based on the risk tolerance and planning horizon of the investor. Market participants must understand that past performance is also not a guarantee or predictor of future results.