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News Round Up

Saving and Retirement: new perspectives, WIN $2000, Invesco still a two-star manager

Monday, June 25th 2001, 6:59PM

Saving and Retirement: new perspectives

The Office of the Retirement Commissioner, in association with Treasury and the Institute of Policy Studies (Victoria University) is bringing together a number of international and New Zealand experts to share new ideas and information on savings and retirement.

The symposium will be chaired by Professor Gary Hawke of Victoria University. Speakers include:

  • Lessons from Abroad John Rust, Professor of Economics, Yale University
  • The Standard of Living of Retired New Zealanders Associate Professor Peter Travers, Flinders University
  • Tax Incentives for Private Savings Dr David Knox, Director, PriceWaterhouseCoopers Actuarial, Melbourne

The symposium is suitable for people in the financial services industry, economists, academics, politicians, political advisers, policy workers, journalists, voluntary organisations, students and commentators.

To register online click here

It will be held on Friday 13 July from 8.30am - 3.00pm.

Win $2000

Buy Martin Hawes' latest book, Shares: 7 Ways to Beat the Market, and be in to win $2000.

Hawes says the book has been written to help both long-term investors and short-term traders alike.

He believes everyone can make money from the sharemarket.

The book is available through Good Returns' bookstore at $29.95.

Conditions of entry are contained in books with prize stickers only. The competition is being run by Penguin Books (NZ) Ltd.

Invesco re-rated

Research house Morningstar has retained its two-star rating on the combined Invesco/County Investment Management group despite noting that the management process had recently been strengthened.

A two-star overall rating, based on both quantitative and qualitative assessments, indicates a "relatively poor quality" funds manager in Morningstar's opinion.
Invesco has a low profile in New Zealand, however it does offer a number of funds including a global share trust invested along thematic lines.

« Global giant comes to NZSovereign takes regulation bull by the horns »

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AMP Home Loans $200k+ 6.14 5.15 ▼4.89 5.55
ANZ 5.74 5.19 5.45 5.80
ASB Bank 5.75 5.19 5.45 5.75
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BNZ - GlobalPlus 5.99 5.25 5.65 5.80
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BNZ - Rapid Repay 5.99 - - -
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Credit Union Auckland 6.20 - - -
Credit Union Baywide 5.85 5.45 5.45 -
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Fidelity Life 5.70 5.85 6.35 -
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Kiwibank - Capped 5.65 6.50 - -
Kiwibank - Offset 5.50 - - -
Liberty 5.64 - - -
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Last updated: 16 May 2013 9:06am

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