A new term deposit offer on the Consilium platform is another way for advisers to ring-fence their clients’ financial needs and boost their value proposition, the firm says.
Consilium’s growth partner Ben Brinkerhoff said it could offer term deposit rates that were better than retail, from five providers.
He said the cost of custody for holding the term deposits was significantly discounted by the underlying platform.
Advisers could look at what was available from all the providers, select the term they wanted to hold, and find the most competitive offer...MORE»
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Chorus has announced an offer of five-year unsecured, unsubordinated fixed-rate bonds.MORE»
ANZ is making two offers of unsecured subordinated bonds.MORE»
Genesis Energy is offering up to $75 million, and up to $25 million of over-subscriptions, of six-year fixed rate senior bonds to institutional and New Zealand retail investors.MORE»
Low interest rates on offer from the four main banks’ cash PIE funds are likely just an indication of the tough times for people surviving on money in the bank, one commentator says.MORE»
Low interest rates on offer from the four main banks’ cash PIE funds are likely an indication of the tough times for people surviving on money in the bank, one commentator says.MORE»