Sharesies' Leighton Roberts on investment tips for uncertain stock markets
It's been a bumpy ride on sharemarkets this year, but the co-founder of the country's biggest share trading platform believes Kiwis are getting better at handling volatility.
The NZX 50 had fallen almost 10% by April from its January peak but has since recovered to only be down about
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Otago Daily Times
26 minutes ago
- Otago Daily Times
NZ Rugby chief executive resigns
Mark Robinson. New Zealand Rugby chief executive Mark Robinson has resigned and will leave the organisation at the end of the year. Robinson took the role in January 2020, having previously spent seven years on the NZR board. He was leaving to relocate to Australia early next year, where his family has been based in recent months, and where all three of his children are studying. A nine-test All Black, Robinson said it had been "privilege" to lead NZR and believed its foundations were strong and well-placed for the future. However, the 51-year-old acknowledged his tenure had its challenging times, which has brought with it significant scrutiny. "That reflects the immense passion that so many Kiwis feel for our sport and the special place rugby has in our country," Robinson said in a release this morning. "The fact people can come up to me, share their views and talk with incredible knowledge and depth of feeling is something we never want to take for granted. "My focus now is on supporting the board and leading the organisation through a pivotal year, including ensuring the Black Ferns have the support they need to defend the Rugby World Cup in England. We also remain focused on implementing a new financial model for the game in New Zealand and completing the remaining work on what will be an exciting future international calendar." NZR chairman David Kirk acknowledged Robinson's contribution to the organisation over his six years in the role. "Mark has driven significant change, both in New Zealand and internationally, and the Board believes the organisation is well-placed to capitalise on this," Kirk said. "Of note was his leadership through a global pandemic that saw the game deal with an unprecedented crisis. "We also understand Mark's desire to relocate to Australia where his family are now all living. He will go with our best wishes when he moves there at the end of this year. Mark will continue to lead for the remainder of the year as we conclude key projects, and the Board will now commence recruitment for the new role." - APL
Scoop
an hour ago
- Scoop
Tower Partners With Sedgwick
Press Release – Tower The new partnership means Tower will have access to additional support from Sedgwicks loss adjusters across New Zealand and the Pacific. External loss adjusters are typically used in the insurance industry for continuity of service in times of increased demand, … Tower has today announced a new partnership with Sedgwick, a global leader in loss adjusting, to ensure fast claims assessments for Tower customers during large weather events. The new partnership means Tower will have access to additional support from Sedgwick's loss adjusters across New Zealand and the Pacific. External loss adjusters are typically used in the insurance industry for continuity of service in times of increased demand, for example, during stormy weather. Tower Chief Claims Officer Steve Wilson says, 'As a forward-thinking insurer, we are thrilled to partner with Sedgwick to help ensure we continue to be there for our customers, no matter what.' 'The Tower team will still be with you every step of the way to progress and settle your claim. This partnership means we can assess damage and start the claims process faster during claims peaks, with more loss adjusting resource ready to go, if needed.' The new partnership will benefit all Tower customers throughout New Zealand and the Pacific, including in smaller locations where Tower may not have a large in-region assessing or loss adjusting team. The increased assessing resource also means specialist Tower assessors are focused on handling more complex claims. Sedgwick New Zealand CEO Philip van Zyl says, 'We're delighted to support Tower, as a trusted Kiwi business that shares our commitment to helping communities rebuild after a loss. Through this partnership, we will combine our strengths and expertise to drive better outcomes for all stakeholders. It is about making recovery smoother, more accessible, and more effective for everyone impacted.' About Tower Born and bred in New Zealand, Tower has been supporting Kiwis when they need it most for more than 155 years. In that time, we've grown to operate across New Zealand and the Pacific islands, providing our customers with cover for their houses, cars, contents, businesses and more. While our heritage is important to us, we've also set our sights on the future. Tower's focus on innovation and investment in large-scale digital transformation has enabled the business to evolve rapidly, in-line with the latest in technology and customer expectations. The result is customer-focused, digital-first insurance solutions – combined with joining forces with like minded partners, Tower has been able to create more, simpler products, to suit the modern lifestyles of its customers. For more information, see About Sedgwick Sedgwick is the world's leading risk and claims administration partner, helping clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape. Sedgwick's majority shareholder is The Carlyle Group; Stone Point Capital LLC, Altas Partners, CDPQ, Onex and other management investors are minority shareholders. For more information, see
Otago Daily Times
an hour ago
- Otago Daily Times
Robinson resigns from NZ Rugby
Mark Robinson. New Zealand Rugby chief executive Mark Robinson has resigned and will leave the organisation at the end of the year. Robinson took the role in January 2020, having previously spent seven years on the NZR board. He was leaving to relocate to Australia early next year, where his family has been based in recent months, and where all three of his children are studying. A nine-test All Black, Robinson said it had been "privilege" to lead NZR and believed its foundations were strong and well-placed for the future. However, the 51-year-old acknowledged his tenure had its challenging times, which has brought with it significant scrutiny. "That reflects the immense passion that so many Kiwis feel for our sport and the special place rugby has in our country," Robinson said in a release this morning. "The fact people can come up to me, share their views and talk with incredible knowledge and depth of feeling is something we never want to take for granted. "My focus now is on supporting the board and leading the organisation through a pivotal year, including ensuring the Black Ferns have the support they need to defend the Rugby World Cup in England. We also remain focused on implementing a new financial model for the game in New Zealand and completing the remaining work on what will be an exciting future international calendar." NZR chairman David Kirk acknowledged Robinson's contribution to the organisation over his six years in the role. "Mark has driven significant change, both in New Zealand and internationally, and the Board believes the organisation is well-placed to capitalise on this," Kirk said. "Of note was his leadership through a global pandemic that saw the game deal with an unprecedented crisis. "We also understand Mark's desire to relocate to Australia where his family are now all living. He will go with our best wishes when he moves there at the end of this year. Mark will continue to lead for the remainder of the year as we conclude key projects, and the Board will now commence recruitment for the new role." - APL
