Morningstar, in its review of New Zealand equities strategies, warns about fund managers holding too much of their portfolios in cash.

Although short-term fixed home loan rates have fallen in the past week, the majority of respondents to a housing confidence survey expect rates will rise.

The fate of over $300 million invested in MFS Pacific Finance debentures and notes now hinges on the company's Australian parent successfully selling down its assets over the next three years.

Standard & Poor's has assigned a BBB- issue rating on the proposed South Canterbury Finance $75 million secured bond offer.

Brook named INFINZ equity fund manager of the year; Macquarie Fusion Funds rated 'strong'; Mercer super survey finds AMP fund on top; Goldman Henry top of the US table.

There has been a changing of the guard at the top of the Institute of Financial Advisers.

Wellington

Wellington

Home Loan Report: If you are in the market for a mortgage you should be able to obtain a fixed rate deal that is significantly cheaper than what you would have paid a week or two ago.

Practice Management: A former Los Angeles Dodger, Stan Russell uses his love for baseball to help illustrate to his clients the need to protect their income.

Wellington