New Zealand

Funds management

JPMAM signs MOU with NZ investment advisory firm

JP Morgan Asset Management has announced a strategic partnership with wealth investment firm Craigs Investment Partners....

Financial planning

NAB enters NZ wealth management deal

National Australia Bank has announced two of its New Zealand-based subsidiaries will combine with Jarden Wealth to create a new wealth management entity with 113 financia...

People & Products

Former abrdn manager joins boutique NZ firm

Former head of Australian equities at abrdn, Michelle Lopez, has joined a boutique fund manager....

Funds management

Betashares launches first NZ offering

ETF provider Betashares has expanded its offering to New Zealand and will launch five ETFs in the country for advisers and investors....

Funds management

Vanguard receives warning from NZ regulator for disclosure failure

The global asset manager has received a formal warning from the New Zealand financial regulator after failing to disclose earlier ASIC infringement notices as required un...

Financial planning

Why did Ray White fail in wealth management?

The Ray White Group’s eight-year battle to break into the Australian financial advice market is over. How did it ultimately fail after so many years trying to succeed?...

People & Products

Fintech Q4 Associates joins EY

Fintech firm Q4 Associates Limited has joined EY New Zealand, a move it says will enable it to better serve clients across Australia and New Zealand as it expands in the ...

People & Products

EY plans rapid expansion for NZ finance hub

EY has opened a financial services division in New Zealand to provide local clients with banking, wealth and asset management knowledge....

Financial planning

NZ investment banking firm and Credit Suisse end alliance

New Zealand-based investment banking firm, Jarden, and Credit Suisse Australia have announced they have reached a mutual agreement and decided to exit their formal strate...

Financial planning

NZ unprepared for retirement

Research from the Financial Services Council shows 70% of New Zealanders are unprepared for retirement and there was a strong link to money and well-being. ...

Financial planning

Kiwis' financial confidence rattled by COVID-19 lock-down

New research from the New Zealand Financial Services Council has revealed the degree to which Kiwis' financial and retirement confidence has been rattled by the COVID-19 ...

Funds management

Centuria makes first offshore acquisition with NZ firm

Centuria Capital has acquired a 19% stake in New Zealand real estate funds business Augusta Capital, its first offshore acquisition, as it seeks to develop a presence in ...

Financial planning

Kiwi advisers gain regulatory breathing space

The New Zealand Government has signalled it will slow the pace of regulatory change for the financial services industry to allow it to help consumers move beyond COVID-19...