A report on the uptake of KiwiSaver shows that there has been a significant shift towards automatic enrolments and people are selecting their own managers.

Nationwide

The Southland Building Society (SBS) has launched a tax efficient cash fund.

Cover Notes: In this issue we have news that senior Million Dollar Round Table (MDRT) executives will be in New Zealand next month, AIG is setting up training courses to help mortgage brokers sell life insurance and changes at Lumley.

Whangarei

Last month Good Returns surveyed 140 industry participants to gather their thoughts on where the financial industry stands and where it is heading. ASSET presents the, sometimes surprising, results.

Share scammers back in action, My precious, Liontamer's WATER fund topped-up, Brown takes the bait at Fisher

Waiheke Island

Changes are underway at Money Managers which will see the ownership of the business change.

Reserve Bank Governor Alan Bollard said: "The outlook for economic activity has deteriorated somewhat since we reviewed the OCR in January.

Property investor St Laurence Property & Finance (SLPF) has pulled a plan to register a prospectus on NZX and will instead register one on the less rigorously controlled unlisted market.