If monetary policy tightening starts in June as BNZ still expects, then for those planning to have a mortgage exposure for three years there is a forecast benefit near 0.5% for fixing three years rather than floating says BNZ economist Tony Alexander.

Newpark launches new online tool; ING supports regulation timeframe move

Sovereign is mobilising to ensure that its customers are shielded from the immediate impact of life tax changes that take effect on July 1. 

Business development manager Ed Aitken is leaving The Investment Store to re-establish his insurance and investment advisory business.

Dorchester has appointed Mike Mander to take up the newly created role of group sales manager.

Reserve Bank has held the official cash rate at a record low 2.5%, but has indicated a rate hike is now in sight in the next couple of months with the economy’s recovery on track.

UPDATED 2: Financial advisers have been given some more breathing space to comply with new regulations.
(Includes comments from IFA and ETITO)

Guardian Trust has appointed Graeme Collier as head of product management and marketing, with responsibility for the financial success, growth and maintenance of the brand.

Well-known industry figure takes up top role at AIA New Zealand.

Where exactly is the middle of 2010? That's the question on everyone's lips as we head into the Official Cash Rate (OCR) review this Thursday according to BNZ.