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Showing 21 - 30 of 31 results for "New Zealand government"

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
... no impact on the backed AAA ratings of debt securities the banks issued between 2009 and 2010 under the New Zealand Government's wholesale funding guarantee facility. Marina Ip, assistant vice president and analyst at Moody's, told Financial Standard ...

Asteron leaves KiwiSaver market

COMPANY RELEASE  |  FRIDAY, 30 APR 2010
... Members of the Asteron KiwiSaver Scheme will be able to transfer to another scheme of their choice. The New Zealand Government department, Inland Revenue, will allocate members to a default KiwiSaver scheme if members do not choose. However, Asteron ...

NZ govt to suspend NZ Super contribs

MICHAEL HOBBS  |  MONDAY, 1 JUN 2009
The New Zealand government's plans to stop contributions to NZ Super for at least a decade could place the super fund under greater financial pressure in the future, according to one global asset consultant. Martin Lewington, New Zealand business leader ...

PIS creates NZ advice giant

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
... Zealand's largest financial advisory group and enters the market place at a critical juncture with the New Zealand government set to introduce new financial planning laws," he said. He said PIS' history of carrying no debt placed the group in a strong ...

PIS pre-empts NZ adviser surge

CHRIS NICHOLLS  |  WEDNESDAY, 5 SEP 2007
... its staff. Group head of compliance Joan Taylor said PIS was prepared for whatever regulatory changes the New Zealand government made to the industry. "We look forward to a more professional environment," she said.

Talisman now KiwiSaver compliant

... application. The group said that the upgrade will deliver core system functionality in response to the New Zealand Government's workplace savings scheme, KiwiSaver. "We believe Bravura is the first application vendor to develop a commercially available ...

Economic round-up: Dollars and sense

SUZY MAC  |  WEDNESDAY, 20 JUN 2007
... intervene again should the NZ dollar climb 1 per cent against the currencies of its trading partners. Meanwhile New Zealand Government bonds rose. The yield on the benchmark 10 year note fell two basis points to 6.76 per cent, according to data compiled ...

Kiwibank fined over lack of disclosure

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
New Zealand government-owned bank Kiwibank yesterday pleaded guilty to breaching the Fair Trading Act while a banking group recently appointed as a KiwiSaver default fund is also under investigation. The case concerns banks which failed to properly ...

NZ Govt appoints KiwiSaver defaults

ALEX DUNNIN  |  WEDNESDAY, 4 APR 2007
The New Zealand Government has appointed the six super funds it has chosen as default providers for its KiwiSaver voluntary retirement savings scheme. The six providers are the ASB banking group, AMP, ING, Mercer, National Mutual Corporate Super and ...

Housing and super can work together: Max Super

ALEX DUNNIN  |  WEDNESDAY, 13 SEP 2006
The New Zealand Government's proposal to let their KiwSaver scheme members divert part of their super into home mortgages may not be as crazy as it seems, particularly if it helps boost total retirement savings. "The Australian Government should look ...