Aussies take slice of EdgeMonday, May 13th, 3:16PM
The acquisition will allow the firm to expand its equities research and advisory services, and develop a stronger investment banking profile... MORE » |
Dominion Finance director pleads guiltyFriday, May 10th, 12:20PM
A former director of Dominion Finance Group and North South Finance, Ann Butler, has pleaded guilty to misleading investors in a prosecution taken by the Financial Markets Authority... MORE » |
Lenders targettedSunday, April 21st, 8:18PM
The Consumer Credit and Financial Services Law Reform Bill was introduced this week... MORE » |
Dominion, North South Finance executive guiltyFriday, April 12th, 12:26PM
They relate to failed finance companies Dominion Finance and North South Finance... MORE » |
Kiwis investing in SMEs: EnglishFriday, April 12th, 9:56AM
And that means household balance sheets may not be as heavily reliant on property for savings as previously thought... MORE » |
IFA and IBANZ College team upFriday, April 12th, 7:07AM
IBANZ courses have been accredited within the IFA Programme for Structured Training... MORE » |
Kiwibank offers TC3 insuranceTuesday, April 9th, 2:07PM
The bank’s general manager of Canterbury Growth, Tracey Berry, said it had been virtually impossible to get new insurance policies issued on TC3 properties in the past... MORE » |
Fisher settles TOWER buyFriday, April 5th, 2:57PM
Fisher Funds has settled the purchase of TOWER's investment business paying $79 million... MORE » |
Credit Union Insurance licensedTuesday, April 2nd, 4:51PM
It is owned by the New Zealand Association of Credit Unions... MORE » |
Terry Butler diesTuesday, April 2nd, 7:27AM
Former Dominion Finance and North South Finance director Terry Butler has died... MORE » |
Mortgages hit new highThursday, March 28th, 3:23PM
Reserve Bank statistics out today show there was $179... MORE » |
SCF receivership wraps upMonday, March 25th, 4:56PM
SCF went into receivership in 2010. Five former directors and executives will face court over 21 charges relating to fraud... MORE » |
LM commission questionsSunday, March 24th, 9:38PM
The LM First Income Mortgage Fund has been frozen since 2009 with $100 million of New Zealanders’ investments in it... MORE » |
Capital + Merchant directors sentencedFriday, March 15th, 5:00PM
Owen Francis Tallentire, Colin Gregory Ryan, and Robert Gordon Sutherland each pleaded guilty to two charges of making an untrue statement in a registered prospectus and one charge of distributing advertisements that included an untrue statement... MORE » |
National Finance director sentencedTuesday, March 12th, 4:11PM
In June last year Banbrook pleaded guilty to one charge of making untrue statements in a registered prospectus for National Finance... MORE » |
Hubbard investors get another payoutFriday, March 8th, 6:37PM
It takes the amount repaid to investors by statutory managers of the frozen fund to 25c in the dollar... MORE » |
Former Hunter Hall managers' new fundFriday, March 8th, 11:37AM
A global equities fund established by two former Hunter Hall managers has reached its first A$25 million in FUM... MORE » |
Allied sells loan assetsTuesday, March 5th, 4:15PM
“The consideration for the Loan Asset Sale will result in an immediate net payment to Allied of $100,000 and possibly up to a further $500,000 dependent on outcomes unknown at this time... MORE » |
ASIC looks at LMMonday, March 4th, 7:50PM
It follows an investigation by Australian current affairs programme Four Corners, airing tonight... MORE » |
Hanover duo win defamation caseMonday, March 4th, 6:42AM 2 comments
Hanover Finance directors Mark Hotchin and Eric Watson have reportedly won a six figure settlement from the NZ Shareholders Association... MORE » |
KiwiSaver in plain englishMonday, February 25th, 4:54PM 1 comment
ANZ has achieved the WriteMark quality standard for its "plain english" KiwiSaver scheme investment statement... MORE » |
Heartland posts profit liftMonday, February 25th, 11:56AM
Heartland New Zealand, which registered as a bank in December, put the lift down to increased earnings from lending to the retail, business and rural sector... MORE » |
Counting advisersThursday, February 21st, 6:12PM
AMP says its adviser head count is down 10% to 460, but it's nothing to do with the takeover of AXA... MORE » |
Morningstar nominees announcedThursday, February 21st, 5:30PM 1 comment
The finalists for this year’s New Zealand Morningstar Awards have a familiar look, with last year’s Fund Manager of the Year OnePath again featuring heavily... MORE » |
Guardian Trust owner a takeover targetThursday, February 21st, 2:51PM
Guardian Trust’s Australian owner The Trust Company is the target of an off-market takeover bid by fellow Aussie firm Equity Trustees (EQT), which is looking for full control... MORE » |
Advisers in high demand: SurveyWednesday, February 20th, 10:56AM
Jobs shouldn’t be hard to come by in the insurance, fund management and wealth management industries, according to a new survey by recruitment firm Robert Walters... MORE » |
We were wrongSunday, February 17th, 4:25PM
Our Cover Notes newsletter last week suggested the Partners Life may be making some changes to its remuneration structure... MORE » |
Capital + Merchant guilty pleasFriday, February 15th, 12:14PM
Douglas pleaded guilty to one charge of making an untrue statement in a registered prospectus and one charge of distributing an advertisement which included an untrue statement... MORE » |
Home loan payments via internet bankingFriday, February 15th, 10:35AM
Customers with variable loans will be able to transfer payments of more than $50 to their home loans from their bank accounts... MORE » |
ASB: Focus on insurance salesWednesday, February 13th, 4:40PM
Its chief executive, Barbara Chapman, said there had also been a significant increase in the number of customers with life insurance policies through the bank... MORE » |
New deputy for RBNZTuesday, February 12th, 12:46PM
Wheeler said Bascand’s appointment has been approved by the Reserve Bank Board, and would take effect on May 27... MORE » |
Lender pursues Allied over $500k loanMonday, February 11th, 3:38PM
The loan, from a lender Allied would not name, was due to be repaid from a $3... MORE » |
Growth funds leadThursday, February 7th, 3:36PM
In the last quarter of 2012, growth funds – with a focus on shares and property - recorded a median return of 4%... MORE » |
FATCA 'workable' for NZ superThursday, February 7th, 2:31PM
Given New Zealand has an income tax treaty with the United States, it appears New Zealand superannuation and KiwiSaver funds will generally fall under the definition of "exempt beneficial owners"... MORE » |
Directors plead guiltyTuesday, February 5th, 4:28PM
Robert Gordon Sutherland and Colin Gregory Ryan, who reside in Australia, pleaded guilty to two charges of making an untrue statement in a registered prospectus and one charge of distributing advertisements which included an untrue statement... MORE » |
Dollar may hit US90cTuesday, February 5th, 10:34AM
BNZ chief economist Tony Alexander expects the dollar to continue to rise from its current US84... MORE » |
Free audit insurance a first: BrokerageTuesday, February 5th, 10:20AM
Brokerage firm Apex General has included free audit protection in their management liability cover... MORE » |
BNZ picks KiwiSaver launch dateFriday, February 1st, 4:11PM
The bank has chosen Russell Investments as its KiwiSaver partner following a competitive tender process... MORE » |
Default status up to GovtFriday, February 1st, 12:47PM
Tower has about $4.2 billion of funds under management, of which about $900 million is in KiwiSaver... MORE » |
Hubbard payouts due in FebruaryThursday, January 31st, 3:34PM
Hubbard Management Funds investors will start receiving payments next month because no appeals have been made against the High Court’s formula for distributing the funds... MORE » |
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