AMP
More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found
26th Aug 24, 2:57pm
6
More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found
[updated]
Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months
19th Aug 24, 12:12pm
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Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months
[updated]
Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable
8th Aug 24, 12:09pm
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Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable
[updated]
The Red Bank raises some short term deposit rates by up to 20 basis points, and cuts some others by 20 basis points as banks continue adjusting their competitive positioning in response to weak conditions
30th Jul 24, 6:10pm
8
The Red Bank raises some short term deposit rates by up to 20 basis points, and cuts some others by 20 basis points as banks continue adjusting their competitive positioning in response to weak conditions
Fast falling interest rates are seeing major banks reduce term deposit offers. But not all banks are doing this. We reveal 9 banks still offering savers 6% or more
23rd Jul 24, 10:57am
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Fast falling interest rates are seeing major banks reduce term deposit offers. But not all banks are doing this. We reveal 9 banks still offering savers 6% or more
[updated]
A cycle of term deposit rate cuts is starting, underpinned by falling international rates and weak local loan demand. That opens up variances and opportunities for savers who act quickly to exploit them
18th Jul 24, 9:21am
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A cycle of term deposit rate cuts is starting, underpinned by falling international rates and weak local loan demand. That opens up variances and opportunities for savers who act quickly to exploit them
Savers should move quickly to capture term deposit specials before they expire. It seems likely that they won't be repeated any time soon
12th Jul 24, 10:11am
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Savers should move quickly to capture term deposit specials before they expire. It seems likely that they won't be repeated any time soon
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
4th Jul 24, 10:02am
3
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
[updated]
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
19th Jun 24, 11:28am
19
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
A closer look at how much of a task it's going to be shifting billions of dollars invested by default KiwiSaver members to new providers and higher risk/return funds
15th May 21, 5:00am
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A closer look at how much of a task it's going to be shifting billions of dollars invested by default KiwiSaver members to new providers and higher risk/return funds
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
8th Sep 20, 9:25am
2
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
FMA's inability to have a say in the AMP Life sale prompts a push for a law change requiring it, as the conduct regulator, to be consulted on mergers/acquisitions
2nd Jul 20, 2:00pm
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FMA's inability to have a say in the AMP Life sale prompts a push for a law change requiring it, as the conduct regulator, to be consulted on mergers/acquisitions
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
24th Jun 20, 5:00am
23
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
23rd Jun 20, 10:11am
2
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
24th Feb 20, 4:49pm
8
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
AMP goes back to the RBNZ with a new A$3 billion proposal to sell its life insurance business; Announces A$650 million capital raise and plan to divest from its NZ wealth management business
8th Aug 19, 6:01pm
1
AMP goes back to the RBNZ with a new A$3 billion proposal to sell its life insurance business; Announces A$650 million capital raise and plan to divest from its NZ wealth management business
Finance Minister Grant Robertson backs the RBNZ, as its latest critic labels it ‘obsessively autarkic, nationalistic and excessively defensive’ and calls for the Government to pull it in line
24th Jul 19, 9:41am
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Finance Minister Grant Robertson backs the RBNZ, as its latest critic labels it ‘obsessively autarkic, nationalistic and excessively defensive’ and calls for the Government to pull it in line
The RBNZ defends its decision to block the sale of AMP Life, revealing the wannabe buyer only lodged an application with it 8 months after the proposed deal was announced
19th Jul 19, 9:46am
3
The RBNZ defends its decision to block the sale of AMP Life, revealing the wannabe buyer only lodged an application with it 8 months after the proposed deal was announced
AMP share price hits rock bottom on news A$3.3 billion sale of AMP Life 'highly unlikely to proceed' due to RBNZ's disapproval
15th Jul 19, 11:34am
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AMP share price hits rock bottom on news A$3.3 billion sale of AMP Life 'highly unlikely to proceed' due to RBNZ's disapproval
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
5th Feb 19, 8:04am
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Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
The KiwiSaver results are in for the December 2018 quarter and we review how high market volatility affected our retirement savings accounts, with a detailed look at Default funds
2nd Feb 19, 10:02am
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The KiwiSaver results are in for the December 2018 quarter and we review how high market volatility affected our retirement savings accounts, with a detailed look at Default funds
AMP agrees to sell NZ and Aust life insurance businesses for A$3.3 billion; Plans to float its NZ wealth management (including KiwiSaver) and advice business on the share market
25th Oct 18, 11:10am
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AMP agrees to sell NZ and Aust life insurance businesses for A$3.3 billion; Plans to float its NZ wealth management (including KiwiSaver) and advice business on the share market
Despite recent market volatility most KiwiSavers should be happy with their investment. Now is not the time to be cutting and running or you will miss the benefits of long term investing. Even default funds are doing better
14th Oct 18, 5:02am
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Despite recent market volatility most KiwiSavers should be happy with their investment. Now is not the time to be cutting and running or you will miss the benefits of long term investing. Even default funds are doing better
S&P downgrades AMP Life's credit rating by a notch 'as a result of fallout from the Royal Commission revelations'; NZ managing director says impact on NZ is immaterial
30th Aug 18, 3:22pm
S&P downgrades AMP Life's credit rating by a notch 'as a result of fallout from the Royal Commission revelations'; NZ managing director says impact on NZ is immaterial
Diversification is key to investing, but we can only invest our KiwiSaver with one scheme. Jenée Tibshraeny explores whether the system is due for a tweak
3rd Aug 18, 10:06am
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Diversification is key to investing, but we can only invest our KiwiSaver with one scheme. Jenée Tibshraeny explores whether the system is due for a tweak