Ambitious Australian trustee firm makes kiwi push

Ambitious Australian trustee firm makes kiwi push
Victoria Young
By Victoria Young Aug. 27 (BusinessDesk) - Aussie upstart Sargon, best known in this market for its row with Perpetual Guardian owner Completus, is attempting another foray into the local trustee market.  Sargon, which made headlines after its deal to buy Completus soured in 2017, has laid out its plans following the takeover of Auckland headquartered Heritage Trustees last year.  The company has $50 billion in assets under management and supervision and pitches itself as a trustee cloud infrastructure provider.  It was previously k...

More Finance

NZ insurance firm Omni bought by UK giant Howden
Finance

NZ insurance firm Omni bought by UK giant Howden

Howden has been on a shopping spree in NZ over the past few years.

John Anthony 17 Oct 2025
New open-banking regulations confirm phased Dec 1 start
Finance

New open-banking regulations confirm phased Dec 1 start

Open-banking regulations confirm Dec 1 start for biggest banks, prohibit fees and levies.

Staff reporters 16 Oct 2025
Sharesies unleashes crypto coins on platform
Finance

Sharesies unleashes crypto coins on platform

The average spend during the beta launch has been about $1,000.

Gregor Thompson 15 Oct 2025
Otago a lukewarm jewel of economic temperature: survey
Finance

Otago a lukewarm jewel of economic temperature: survey

An economic thermometer reveals a cool-to-cold mood hanging over NZ, with Otago lukewarm.

Staff reporters 15 Oct 2025