Investors in companies that go into receivership need to be aware that the losses on their debentures are not deductible for tax purposes, New Zealand Institute of Chartered Accountants tax director Craig Macalister says.

Cairns

Tower sells index fund, Comprehensive and credible rating system needed, Jim Minto features in latest investor interview, Nat Bank funds winding up, SAI opens in Christchurch.

Inland Revenue will hold the first of a series of forums on its role as KiwiSaver Central Administrator during July. It wants to hear from you on issues.

Instant Finance chief executive Richard de Lautour says that a comprehensive and credible system of assessing finance companies needs to be implemented in New Zealand.

Troubles at Western Bay Finance have led Standard and Poor's to downgrade the rating of its sister company Linsa Insurance.

When talking about managed funds, who says ‘aggressive-balanced’ has to be an oxymoron?

Despite recent financial market gyrations, we remain positive on the Asia story. That is not to say the risks have not increased. The global liquidity tide is ebbing, as inflation creeps higher, leaving much of the region vulnerable to weaker global growth.

One of the things it appears industry leaders are in agreement on at the moment is that KiwiSaver will be good, however it is becoming clearer now that getting ready for the April 1 start date next year is going to be difficult.

Weekly Home Loan report: The message on home loan rates is still the same - there won't be any falls for sometime now.

One of the things it appears industry leaders are in agreement on at the moment is that KiwiSaver will be good, however it is becoming clearer now that getting ready for the April 1 start date next year is going to be difficult.

The head of BT Funds head of mezzanine and networks business, Murray Harris, is keen to set the record straight on the change in managers from Putnam to AQR Capital Management.