The two managed fund research houses, Morningstar and FundSource, have taken different views on the Westpac/BT deal.

Wellington

Briefing papers from the Inland Revenue Department to the new government show it is luke warm on the idea of tax incentives for savings.

The National Party's ACC spokesman Gerry Brownlee, says New Zealand needs to look at mandatory savings schemes

Wellington

Christchurch

Colonial FS property fund profits, Westpac talks to BT, AMP reduces retail property, New standards for analysts.

Credit rating agencies Standard and Poor's and Moody's have given RSA companies credit downgrades.