Latest Report – 31 March 2010 Reviewing the recent report is further gloomy reading for investors. The moratorium was implemented in August 2009 and now in Feb 2011 we have the following facts: 37% of the principal has been repaid – but the rest of the money is a long way off, up to five [...]
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The Institute of Financial Advisors have decided to ignore the massive losses suffered by First Step investors by partnering with NZ Funds – appointing them their “Professional Development Advisors”. What skills NZ Funds will pass on to the industry are unknown – but if others adopt the historic financial management techniques of NZ Funds owners [...]
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