From March 1 it is introducing a single, flat investment fee that includes all the current fees.
With a flat fee investors will know exactly what they are paying in fees, head of managed funds Gareth Fleming says.
NZ Shares tippedHead of research, Rob Mercer, is the market should perform strongly in 2003, underpinned by underlying value in current stock prices, a robust domestic economy and a strong New Zealand dollar.
FPIA Convention
Have you taken advantage of the Early Bird special for the Financial Planners and Insurance Advisers conference this year?
Sign up for the convention before the end of next month and you get a discounted price.
To find out what is planned at this year's event, which is being held in Rotorua from July 24-26, visit the FPIA Convention page here.
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