The report of the Savings Product Working Group (“the Group”) has generated a flurry of press releases, TV coverage and calls to talkback radio.

Financial planning symposium, MOZY takes off, Spicers takes over Westpac indicators, Hilton offer extended, BT back to court and more.

Finance companies will have to tell clients much more than they do now if the Securities Commission gets its way..

Another week of many changes. As expected lenders kept bumping up their floating rates by 25 basis points in response to the latest increase in the OCR by the Reserve Bank.

Managed fund research house FundSource says forget all the hype about property, New Zealand shares are a better investment.

Tower New Zealand managing director Paul Bevin has sounded a strong note of scepticism about the government’s workplace savings group recommendations.

Auckland

The Australian government is following New Zealand’s lead, and is planning to establish a multi-billion fund to help the state meet its future pension costs.

Instant Finance has been given a B3 credit rating and a tick as investment grade by ratings agency Rapid Ratings.

Instant Finance has been given a B3 credit rating and a tick as investment grade by ratings agency Rapid Ratings.

Wellington

United Future revenue spokesman Gordon Copeland believes that there is a straightforward solution to the current over-taxation of superannuation fund earnings.