Welcome to the December 2006 edition of our NZ
Financial Services Bulletin.
2006 has seen unprecedented change in the financial services
sector. It is a full time job to not only adapt to the changes
but also to anticipate the developments that are ahead.
KiwiSaver is now upon us, as is the introduction of the PIE
regime and the taxation of offshore investments. These changes
are now law and will be introduced progressively next year.
In this edition, we will bring you up to date with these
changes as well as remind you of what lies ahead in 2007.
A significant development from our point of view has been
our exclusive alliance with DLA Piper in November. We are
already in contact with funds and pension lawyers in the DLA
Piper group and we intend sharing resources and ideas to
benefit our clients. Having Sue Brown in our funds management
and superannuation team in Sydney is a big help. Not only is
