New international manager for BT, Advisers react strongly to comments, Retail participation in hedge funds a worry, Two gongs for Tyndall, GCN rating affirmed.

Announcements regarding taxes and regulation and changing market dynamics have seen investors placing increased confidence in managed funds, according to the latest ASB Investor Confidence report.

Standard & Poor's Investment Consulting head Simon Ibbetson investigates the question: Should investors put their trust in the efficiency of global markets when looking to allocate their portfolio overseas?

The Official Cash Rate (OCR) will remain at 7.25%.

Weekly Home Loan report:

After two years of net outflows from the managed funds industry in New Zealand the trend now appears to be on the verge of a turnaround.

Tax changes fundamentally flawed, Managed funds surge in popularity, Economists divided on rate cuts, Fund borrows to invest, UK pension transfer scheme approved. Comment: My view on the future shape of the advisory industry

An Australian investment company and its director have been fined a total of $24,000 for misleading claims made when trying to buy capital bonds and units from New Zealand investors.

Mike Pero Mortgages, New Zealand's largest mortgage broking firm, has continued to grow in the face of a slowing economy and falling housing market.

The government will introduce legislation to minimise the use of excessive salary sacrifice as a means of paying less tax.

The Ministry of Economic Development (MED) says it has been working on details of the co-regulatory model for future regulation of financial advisers and expects a draft paper to be released in June.

Weekly Home Loan report: The home loan rate market has gone very quiet in the past week with very few changes to report.