Christchurch

Auckland

Stobo report delayed - slightly, St Laurence gets a rating, ASB's new savings account, Aussies keep fund to themsleves, New Morningstar reports and the latest on the FPIA Conference.

ASB Bank has launched a new savings account which has high interest rates, not fees and phone and internet access.

St Laurence Mortgages has been given a B3 credit rating and recognised as investment grade by international corporate ratings agency Rapid Ratings.

Andrew King is a best selling author..

Christchurch

Momentum is building within the 2005 FPIA Conference Planning committee and the securing of two more professional and renowned keynote speakers ensures next year's conference agenda will be extremely well received.

Tower has knocked BNZ Investment Management off its perch and been named as this year’s FundSource Fund Manager of the Year Award.

Wellington

The Reserve Bank has, as expected raised the Official Cash Rate 25 basis points.

Financial advisers are echoing concerns raised by independent research houses and the Securities Commission over the quality of fixed interest products.