News Round Up

Sunday, May 4th 2003, 9:47PM

Good Returns can now offer readers an expanded news service through its latest acquisition ShareChat.

ShareChat runs a free, daily newsletter which updates subscribers on all the latest business news in New Zealand and Australia.

The site also offers readers all the latest New Zealand stock exchange news, along with share prices and graphs.

To sign up for the daily newsletter, called AM Update click here Subscribe to AM Update

Have your say on super
The Periodic Review Group, which is charged with reviewing New Zealand’s superannuation framework, is seeking submissions on how current income and savings policies are working.

The group, which is headed by Investment Savings and Insurance Association chief executive, is due to report back to the government by the end of the year.

It is particularly interested in employer superannuation and its promotion, tax and issues faced by women, Maori and Pacific Island people when saving for retirement.

Submissions can be emailed to prg@treasury.govt.nz and the deadline is May 30.

Forsyth Barr buys
Forsyth Barr has acquired the business and assets of Young & Co, which is a member firm of the NZSE.

Young & Co. has been in the stockbroking business in the Manawatu since 1915.

Young and Co Principal Martin Young said “with the demutualisation of the New Zealand Stock Exchange, we have decided that the future of financial service providers lies with larger nationwide operations with the resources to provide a full range of financial products and services to their clients in the most effective way possible.

To meet this challenge, and to ensure that clients can receive the best possible service into the future, we have decided to merge our business with the Palmerston North office of Forsyth Barr.

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