Cost of funding retirement predicted to soar
A combination of Kiwis living longer and large numbers of baby boomers retiring in the next two decades means the country needs to consider a new retirement option, warns the Financial Services Council.
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Banks stump up better deals
Columnist spurs borrowers to demand lower interest rates.
Bernard Hickey: Trim debt load with the savings we make for you
Reserve Bank figures show household debt, which is 94 per cent mortgages, is still 141.7 per cent of disposable income.
Big banks keep cutting interest rates
BNZ has cut a key mortgage rate this morning, following rate cutting by other banks on Saturday morning.
Auditor scrap prompts BNZ Pyne Gould bond pull out
An investment portfolio managed by BNZ has pulled out of a Pyne Gould managed fund after an auditor walk-out.
Minister calls for joint effort to rebuild markets confidence
The finance industry needs to work with the Government to help restore confidence in the markets, says Commerce Minister Craig Foss.