In what appears to be a major blue the New Zealand Superannuation Fund has prematurely released its targeted asset allocation model.

Christchurch

Wellington

Christchurch

Tower Managed Funds general manager Richard Baker is critical of fellow fund managers who have aggressively pushed the tax angle on their Australian unit trusts (AUTs).

Auckland

Auckland

Fund managers says they were forced to use the tax-effective Australian unit trusts because the Government won't fix the NZ tax system.

Auckland

Finance minister Micheal Cullen, in an address to chartered accountants, outlines his problems with tax-efficient Australian unit trusts.