Keeping your KiwiSaver friends close

Keeping your KiwiSaver friends close
FirstCape chief executive Malcolm Jackson. (Image: FirstCape)
Paul McBeth
The arrival of the FirstCape merger has already got financial services bigwigs wondering what the next shake-out’s going to be.Consolidation is the name of the game, and FirstCape chief Malcolm Jackson has made it clear that more acquisitions are on the way.He’s quick to shoot down Australian speculation that he’s trying to twist Toi Foundation’s arm to sell Fisher Funds, the country’s second-biggest KiwiSaver manager. There’s only TA Associates’ minority stake for sale from TA Associates and it&rs...

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