Workplace Savings NZ has announced the appointment of four people to its Council Board at the association's annual general meeting in Wellington.

This isn't quite news, but we enjoyed it and wanted to share it with you. It's a little creative piece from a Christchurch adviser.

Mortgage Link has entered into an agreement with Strategi Limited as part of the mortgage advisory groups plans to lead staff on a ‘pathway to competency.’

The NZX listed Building Society Holdings is to be renamed Heartland New Zealand from June 1.

Despite the disruptions in recent times, caused by both local and international natural disasters, New Zealand managers still view equity markets as the place to be with international equities holding favour.

Allied Farmers managing director Rob Alloway has resigned as a director of the company and all its subsidiaries with immediate effect but will remain chief executive until his contract expires on June 30.

Strongly performing shares helped offset natural disasters and economic uncertainty enabling KiwiSaver funds to post strong returns for the March quarter, according to the Morningstar KiwiSaver Performance Survey.

KiwiSaver's ability to raise overall savings and deepen capital markets is being hampered by "unfocused Government subsidies," according to the OECD Economic Survey of New Zealand.

Floating mortgage rates won't be rising any time soon with Reserve Bank governor Alan Bollard holding interest rates steady and emphasising the uncertain economic outlook means they will stay there for some time.

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.50%.

Perpetual has added two more advisers to its nationwide adviser team.