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added: Wed, 28th September 2005 | 579 views | 0x in favourites
feed url: http://www.goodreturns.co.nz/rss/feed.php?CategoryID=1
Financial News for New Zealand
There has been a changing of the guard at the top of the Institute of Financial Advisers.
Dominion Finance has postponed its attempt to secure a rating from international research firm Standard & Poors (S&P;) until market conditions in the sector improve, according to CEO, Paul Cropp.
Stephen Rogers' ownership of Equity Investment Advisers has been short, sweet and profitable.
The race to become the first elected president of the Institute of Financial Advisers has now become a two-horse battle.
Former Spicers adviser buys Equity; Goldman Sachs signs UN's PRI; Tower launches cash PIE; S&P; releases first peer review and sector report; Ironbridge buys Bravura; EUFA to launch mediation tribunal.
KiwiSaver seems to be the topic of the week on the back of the news that in April there were a record number of sign-ups. This was no surprise as April was the month that compulsory employer contributions started.
Commerce Minister Lianne Dalziel has formally asked the Securities Commission to clarify the legal status of Blue Chip investments.
The Reserve Bank is encouraging banks to create mortgage-backed securities.
The number of New Zealanders covered by health insurance rose by 1.4%, or 18,800, to a record 1.388 million in the year ending in March, according to statistics released by the Health Funds Association of New Zealand (HFANZ).
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