[Weekly Wrap] A week of submissions, discussions and disclosures

The latest is one this week from the Ministry of Economic Development on disclosure. Disclosure is one of those prickly issues which stirs up a good amount of debate, and no doubt this document will achieve that.

However, as IFA president Lyn McMorran says here, the department hasn't given the industry a whole lot of time to make their submissions.

Disclosure is, as we know, tied in with the reputation of the industry. At the start of the week we ran a story where Finance Minister Bill English suggested the industry needed to lift its game. Since we ran the story there have been a number of comments and we have updated it. You can re-read it here and comment on it too.

Russell Investment has put out its latest survey of fund managers and they seem pretty keen on equities at the moment - far preferring them over bonds, especially government bonds.

As mentioned last week you can now comment on articles. It would be great to hear from other advisers and managers what they are doing in terms of asset allocation at the moment.