![Fear driving improved NZ savings](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Fear driving improved NZ savings
Better attitudes towards saving and debt reduction in New Zealand are being driven by fear and are unsustainable, says the head of a major bank.
Better attitudes towards saving and debt reduction in New Zealand are being driven by fear and are unsustainable, says the head of a major bank.
Receivers of the embattled Ross Asset Management say the Wellington fund manager appears to have "characteristics of a Ponzi scheme".
The Law Commission wants to address the "injustice" of current laws that allow trusts to be used to avoid having to share property equally when couples separate.
Better alignment between the interests of fund managers and investors in KiwiSaver accounts has been highlighted in of a review of the default providers.
The Law Commission wants to crack down on the "injustice" that allows the use of trusts to protect property during disputes.
Accountancy software firm Xero yesterday joined a short list of New Zealand companies to dual list in Australia.
Jean Hubbard "changing her mind" over $60 million of assets has caused "significant delays" for those with money in one of her late husband's investment vehicles.
A fresh blood transfusion for the moribund medical insurance sector...
I own a major airport, three retirement village operators, a chain of petrol stations, two power companies, two insurance companies, two banks and an iconic fast food operator. I don't own a house and never have.
The initial report detailing proposed changes to the KiwiSaver default scheme system is expected out any day now.