GoodReturns.co.nz - News

NZX aims for 5% of KiwiSaver market in three-to-five years

Kiwibank says June half-year competition for home loans was particularly fierce

Trust in AI’s decision making not keeping pace with adoption

AI is revolutionising financial services and mortgage advice, but when it comes to automated money decisions Kiwis’ trust in it plummets.

Lendr secures $100 million bank funding

Specialist Auckland-based property lender, Lendr has secured an immediate $100 million warehouse funding facility from Westpac.

ASB profit down; Adviser support steady

Banks lose KiwiSaver share

Banks’ share of the KiwiSaver market has dropped significantly over recent years, as more providers enter the market and investors are offered more options.

KiwiMonster enhances adviser reports

There is growing demand from advisers for research and information to help KiwiSaver clients, one advice technology firm says.

Generate adds Advice Network Manager

Generate has appointed Alina Hooper as its Advice Network Manager.

Increasing number of homes selling for a loss

As mortgage lending crashes to nearly zero amid a prolonged property market slump, the number of homes selling for a loss is steadily increasing hitting 13.1% – the highest since 2012.

[Weekly Wrap] The opacity of fund manager accounts

One of the things the results of the three funds management and wealth advisory companies SPH Wealth Holdings owns which are required to report their financial results to the Companies Office highlights is how little is revealed in those financials about the health of the group.