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Investments

Weekly Wrap: ING replacement

Friday 7th of October 2005

New boss for ING announced
ING New Zealand has confirmed the appointment of Marc Lieberman as its new managing director who will replace Paul Fyfe when he retires next year. [more]

The other interesting news in the People area is that former prime minister Jim Bolger has joined the board of Trustees Executors.

Changes to the way collective investment vehicles are taxed is the burning issue at the moment. It has surfaced again this week as the deadline for submissions on the government's proposed changes has been reached. The theme of submissions is clearly that the changes aren’t garnering much favour.

Proposed tax changes fatally flawed: ASFONZ
A body representing work-based savings schemes isn’t happy with the proposed changes to the way collective investment vehicles are being taxed and wants the government to rethink the issue. [more]

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