tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Tuesday, March 19th, 6:25PM

News

rss
Latest Headlines

News Round Up

TMF keeps its stars, Bridgecorp still raising money, FPIA Conference page, Financial Forecasts for 2001, Saving money on mortgages

Sunday, January 28th 2001, 10:25PM

Morningstar has decided to let Tower Managed Funds (TMF) keep its four star rating despite a restructuring and significant staff changes.

TMF outsources most of its asset management to sister company Tower Asset Management (TAM). Late last year TAM went through major changes that resulted in its offices in Sydney and Wellington being combined, with representation kept in both locations.

TAM NZ boss Paul Bevin became the managing director of the combined business and Craig Turnbull took over the chief investment officer role.

"Bevin’s appointment at the helm represents a particular advantage in respect to TAM’s Wellington-based team, with the established strengths of TAM in New Zealand likely to be protected and built upon under the new structure," Morningstar says.

"Significantly, the combined New Zealand/ Australian management team is heavily-dominated by New Zealand-based staff, reflecting the relative strength of TAM in New Zealand, as opposed to the previously separate Australian operation."

Bridgecorp still raising money
Bridgecorp successfully raised more than $10 million in its pre-Christmas capital note offer.

Despite raising more than the targeted $10 million the company is planning to keep the offer open. It can accept up to $20 million under the terms of the offer.

Get focussed
To help you focus on the year ahead Good Returns' annually publishes its special feature - Financial Forecasts.

Financial Forecasts is made up of a number of separate articles which cover each of the major asset classes, and the important areas of tax, super and savings, insurance and technology.

Each of these articles is written by an expert in the area, and is designed to help you focus on what lies ahead over the next 12 months.

Financial Forecasts 2001, which is done in association with the Bank of New Zealand, will be published later this week.

FPIA Conference page and Early Bird Special
People wanting to attend the Financial Planners and Investment Advisers conference in Christchurch this year can keep up to date with the latest conference news through Good Returns.

Last week a new section was added to the site dedicated to the conference. The page has programme and speaker details, plus payment facilities. As more information becomes available this will be posted on the site too.

To keep well informed join the mailing list on the page. This way we can send you information on the conference as it becomes available.

Book early for the conference and save. If you book before January 31 the conference fee is discounted to $465 (incl gst) and you will be billed in two instalments.

Your Mortgage and How to Pay it Off in Five Years

Price $14.95
Publisher Random House
The latest title to be added to the Bookstore is Your Mortgage and How to Pay it Off in Five Years by Anita Bell.

This popular book is a simple no-nonsense guide that shows you how to save the deposit, secure the right loan and find the right house or flat.

The book uses down-to-earth advice that really works.

To order your copy visit the Bookstore

 

« Merrill Lynch confirms departureGet your tax questions answered online »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Weekly Wrap

Previous News
Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 7.24 6.79 6.65
ANZ 8.64 7.84 7.39 7.25
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 7.24 6.79 6.65
ASB Bank 8.64 7.24 6.79 6.65
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 7.24 6.79 6.65
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.84 7.39 7.25
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 7.04 - -
Co-operative Bank - Owner Occ 8.40 7.24 ▼6.79 ▼6.65
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.74 ▼7.29 ▼7.15
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
Heartland Bank - Online 7.99 6.69 6.45 6.19
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.60 7.40 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 ▼6.75 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.79 ▼7.39 ▼7.25
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 8.25 7.79 7.55
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 7.25 6.79 6.65
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 7.75 7.35 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
Resimac - LVR < 80% 8.84 8.30 7.89 7.69
Lender Flt 1yr 2yr 3yr
Resimac - LVR < 90% 9.84 9.30 8.89 8.69
Resimac - Specialist Clear (Alt Doc) - - 8.99 -
Resimac - Specialist Clear (Full Doc) - - 9.49 -
SBS Bank 8.74 7.84 7.45 7.25
SBS Bank Special - 7.24 6.85 6.65
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 6.74 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 8.04 7.55 7.45
Lender Flt 1yr 2yr 3yr
TSB Special 8.64 7.24 6.75 6.65
Unity 8.64 6.99 ▼6.79 -
Unity First Home Buyer special - - 6.45 -
Wairarapa Building Society 8.60 7.15 6.85 -
Westpac 8.64 7.89 7.49 7.25
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - 7.29 6.89 6.65
Median 8.64 7.29 7.32 6.65

Last updated: 14 March 2024 9:32am

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com