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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.
[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.
FMA commissions independent review into Samantha Barass
[Weekly Wrap] It's time politicians take a better approach to retirement issues
MBIE confirms investigation into FMA
The Ministry of Business, Innovation and Employment has confirmed it has commissioned an investigation into workplace conduct and culture at the Financial Markets Authority.
KiwiSaver funds shake off Middle East tension
KiwiSaver funds rebounded in the June quarter, after a rocky start to the year.
Staffing cuts helped Fisher Funds lift annual net profit 21.7%
Fisher Funds Management has reported a 21.7% jump in annual net profit, mostly reflecting a drop in operating expenses as its staffing numbers fell following the integration of the Kiwi Wealth business.
[The Wrap] What the heck is happening at the FMA?
[OPINION] It would be fair to say the Financial Markets Authority is a bit of a mess at the moment - well at the top level.
Michael Lang now controls more than 75% of NZ Funds Management
The mystery within New Zealand Funds Management’s accounts appears to have been resolved ahead of deadline with a company associated with chief executive Michael Lang taking a controlling interest in the company’s parent.