ON THE MONEY: Kiwi Wealth, Kiwi Xero, a blast from the past, and more

Bruce McLachlan and Sledge Hammer, (played by David Rasche, pictured). Both find journalists annoying. (Images: Supplied/Getty)

Pattrick Smellie

Sat, 13 Aug 2022

Where’s the Kiwi Wealth deal?The announcement of Kiwi Wealth’s sale to Fisher Funds was firmly on the calendar for the Wednesday or Thursday of the week before last, but as we headed into this weekend, there was no sign of what still appears to be a done deal.We wondered whether Fisher might be waiting for a bit of clear air after the broad outline of the deal was leaked in detail to BusinessDesk ahead of time, apparently causing the funds manager’s chief executive Bruce McLachlan to let it be known that he was “very dis...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}