Colonial First State Investments chief executive Bruce Abraham talks about issues affecting global investment.

This week's round up sums up what's going on in the savings industry: companies are being merged, names are changing and focus is shifting to the Internet. Plus of course investors are being warned about the dangers of property investment.

The Commerce Commission has cleared Southern Cross’s third application for clearance to acquire Aetna Health.

Tauranga

Armstrong Jones has delayed its roll out of tax-efficient UK-based funds in NZ.

AMP Office Trust sharpens focus, Super Assault, Trust and Estate Planning Page, TAM restructures, Macquarie to set up sharebroking arm in NZ.

Auckland

Napier

Stephen Eaton, General Manager of Perpetual Trust, has been appointed

chairman of the Trustee Corporations Association of New Zealand.

Wellington