Weekly Wrap: Big noises, big words and a big litigation fund

Today we have some significant changes at various St Laurence companies with two new senior management appointments and the departure of a key Property and Finance person. All the details are in People.

The third big change, is that Mike Pero Mortgages has a new chief executive.

We had some server problems this morning so you might have missed today's story. The piece is about the Securities Commission considering taking action against some of the finance companies which have collapsed, and the people behind those companies. There are also some useful comments regarding the commission taking action against advisers.

You may have missed our story mid-week about decumulation. It's not exactly a word which rolls off the tongue or is particularly attractive, but it is an ignored issue. What it's all about is how people spend their savings.