The government has signaled that it has yet another plan for how to tax international investments. This one is not a capital gains tax, but a wealth tax, according to one expert.

Reserve Bank of New Zealand press release

Hanover has formally entered the funds management market offering structured finance products for retail investors.

Finance Minister Michael Cullen has signalled a government U-turn on investment tax, telling a pre-caucus media scrum the risk free rate of return approach is back on the agenda.

Wellington

Industry heavyweights have weighed in with counterproposals for the government’s changes to how investments offshore are taxed.

Creating one trans-Tasman securities market, Fisher Funds gets sharper Oz focus, New online ethical investing course, S&P confirms Commodity Bonds rating.

The Trustees Association is gearing up to fight proposed tax changes which will see the tax rate on family trusts rise from 33% to 36%.

Tower Health and Life's head of distribution Jeff Page is setting up his own advisory business.

ING has named long-standing staff member Philip Houghton-Brown as its new chief investment officer (CIO), replacing Rebecca Thomas.