New Zealand superannuation funds are less concerned about the impact of hedging and the value of the currency when altering benchmarks than Australian managers, according to a survey of funds across Australasia.

ASB Bank is warning long-term certainty will be at a premium for mortgage holders, with the five-year rate set to be more expensive than short-term rates for some time.

The recession has caught up with Auckland Mortgage Trust, which has begun winding down its business after failing to secure a government deposit guarantee as access to credit dried up.

The housing market will continue to prosper after net migration increased to its strongest rate in nearly six years last month, as migrants stoke demand for new property.

The Securities Commission is warning ING investors to consider the offer they received from ING New Zealand last week carefully after receiving a large number of complaints over the proposal.

A recovery in property prices will be delayed by rising deposit rates as they put pressure on long-term lending costs, according to the ANZ National Bank.

PSIS says it has had to cut the margin between its floating lending rates and term deposit specials as the credit crisis took hold.

RaboPlus has slashed its entry fee on managed funds as the economic climate makes diversified assets more attractive than returns offered by deposit rates.

Boutique wealth manager Newton Ross has raised concerns about cash Portfolio Investment Entities, or PIEs, and warned investors to make sure they've done their homework before putting their money into a cash PIE.

The steepest yield curve in 13 years is set to continue in New Zealand, mirroring the US and other major economies, as governments worldwide ramp up bond sales while central banks hold short rates near record lows.

Geneva Finance, the finance company that won support from investors for a debt-to-equity swap to stave off collapse, pared its full-year loss as it cut costs and restructured its balance sheet.

Equity markets in emerging countries like China are the best bet when investing, according to fund managers at a roadshow hosted by The Investment Store.

SuperLife, the superannuation scheme administered by Aventine Group, has hit out at KiwiSaver's default providers, calling the system "flawed" after the exit of eosaver from the government-sponsored retirement funds.

In a bipartisan move, a Parliamentary Select Committee has urged banks to pass on cuts to the official cash rate to their floating and short-term mortgage rates.

The global economic downturn is "looking less bad" than a few months ago, and emerging equity markets and are the best investment options, according to AXA Global Investors

Allan Hawkins defends Cynotech prospectus and says he is willing to disclose historic fraud.