AXA has snapped up the last of the bank –owned funds management businesses in New Zealand.

Tower Group is looking for new distribution channels – and these may include mortgage brokers and other non-traditional channels.

Concerns are being raised about how officials are going liaising with the industry as a preparation for the government’s workplace superannuation scheme, KiwiSaver.

Asteron is launching a number of add ons to is risk products and is also is also talking of making much greater ease of use for its products.

Good Returns has the first interview with new Commerce Minister Lianne Dalziel on adviser regulation. She tells Rob Hosking that she is behind the task force's recommendation and is pushing it strongly in Cabinet.

The latest data from SoFIE – the Survey of Family, Income and Employment being run by Statistics New Zealand - further underlines the dominance of property as the main way New Zealanders save.

Tax minimisation using trusts and salary sacrifice superannuation packages comes in for special mention in the Inland Revenue Department’s briefing papers to Revenue Minister Peter Dunne.

Two finance company executives are predicting a shakeout in that market.

Incoming state services minister Annette King is ducking questions on whether the state sector retirement savings scheme (SSRSS) will be extended to non-core public servants.

Incoming state services minister Annette King is ducking questions on whether the state sector retirement savings scheme (SSRSS) will be extended to non-core public servants.

Two finance company executives are predicting a shakeout in that market.

A greater role for financial advisers and for employers in retirement savings is a probable outcome of the government’s KiwiSaver workplace superannuation policy, says Russell Investments’ Heather Dawson.

A row has broken out between Fidelity Life founder Gordon Watson and the trustees of his 59% shareholding in the business.

New Minister of Revenue Peter Dunne is moving to allay fears about the government’s proposed changes to how investment income is taxed.

Tower has won the FundSource Fund Manager of the Year award for the second year running and Hildyard, as chief executive of Tower Investments, says he believes one of the reasons for the performance is the way investment decisions are made.