FundSource says the majority of funds covered in its reports are showing positive returns for the three months ending May 31.

Auckland

TSB Bank has reduced its 2 year fixed-rate home loans to a nationwide low of 5.99%.

Wellington

About half of the 200 or so investors gathered at the ING roadshow in Napier yesterday indicated they were ready to accept an offer from the fund manager to redeem their units in the group's two underwater CDO funds.

Economists have been a little bit surprised about the market's reaction to last week's official cash rate announcement, particularly the consequent rise in the New Zealand dollar and pricing in an earlier rise in mortgage rates than the Reserve Bank is forecasting.

Naomi Ballantyne has decided to leave ING Life and plans to look for a career outside of life insurance.

Naomi Ballantyne has decided to leave ING Life and plans to look for a career outside of life insurance.

Bollard happy for banks to offer deposit deals; RaboPlus boosts term deposits after OCR review; RBNZ calls for submissions on rules for non-bank deposit takers

Macquarie Private Wealth Management NZ has grown its wellington-based financial advisory team with the appointment of David Love as investment adviser.

Liontamer’s latest fund, AUSTRALIA Series 1, provides two innovative ways for investors to access the Australian share market.