When I retired in 2003, I went to the ASB for advice as to what to do with $250,000 proceeds from selling a business. An ASB investment adviser, who was a salaried employee who received incentives according to sales made, recommended ASB preference shares, and that is where I put it.

Wellington, Nov 3 NZPA - The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) is merging with its European cousin, the Chartered Insurance Institute (CII).