Morningstar handed out its fund manager of the year awards in Auckland last night. While the top award went to a big manager it won't be long till a boutique manager takes the top prize.

Commerce Minister Simon Power today welcomed the report-back by the Commerce Select Committee on legislation to establish the Financial Markets Authority (FMA) and to improve KiwiSaver scheme governance.

Commerce Minister Simon Power is to retire from politics at the election in November.

Partners Life is set to unveil details of a nationwide roadshow planned to start at the end of March as it prepares to open for business at the start of April.

Harbour Asset Management has appointed Kate Pickering as an assistant investment analyst.

Industry training organisation ETITO has appointed Garry Fissenden as its chief executive.

Mortgage rates are "set to fall dramatically" as a result of the destructive Christchurch earthquake which hit last week, according to some economists.

Firms respond to Christchurch earthquake; Value emerging in NZ shares; Winner announced.

March 2 will see either Fisher funds, OnePath or Milford Asset Management emerge triumphant from the Morningstar Fund Manager of the Year Awards having been crowned KiwiSaver Manager of the Year for 2010.

All the news focus is currently on the Christchurch earthquake and our thoughts are with readers in that region.