The PIE (Portfolio Investment Entities) tax changes came into effect on 1 October 2007 and relate to changes in the tax rates on investment returns from PIE compliant managed funds and the way this tax is paid by investors.

The New Zealand Superannuation Fund has produced a net return of 14.58% in the latest financial year.

More bad news has been delivered to fixed interest investors just when the finance company sector and credit markets looked to be settling down.

Debenture holders in Five Star Consumer Finance are only likely to get between 26% and 40% of their investment back.

Adviserlink Learning offers the Certificate in Financial Services which enables Advisers to provide quality, professional advice through internationally recognized best practice principles, whilst preparing you for a future regulatory environment.

This qualification is directly equivalent to a number of National qualifications and aligned to the professional obligations in the Australian financial services industry.

The certificate is available through distance learning, public workshops, customised in-house training or through our strategic partner programme through various professional industry bodies.

Wellington

Media puts advisers once more into the breach over Bridgecorp, PFG to raise funds from related entity and Cullen pumps up KiwiSaver as cash begins to flow

Money at Work: This week we look at the Life Settlements Wholesale Fund

Upfront insurance commissions have reached dizzily high levels over the last years with some firms pumping rates up harder than others. In the cover story of ASSET this month, editor David Chaplin reports on a market that could be about to blow its top

Auckland