Family guarantees on home loans are tipped to become more common once LVR restrictions kick in next month, but the Banking Ombudsman has issued a warning that guarantors must be better informed about what their liabilities are.

Three people have pleaded guilty to mortgage fraud in a $9.2 million million case.

New Zealand Shareholders Association will vote proxies against the re-appointment of Rakon’s chair and director.

AdviceFirst has acquired four financial advisory businesses.

Wellington financial adviser David Ross has pleaded guilty in the Wellington District Court to charges laid by the Serious Fraud Office (SFO) and the Financial Markets Authority (FMA) and remanded in custody.

Fidelity Life has created a new role to drive its group risk employee benefits business and has appointed a chief marketing officer.

Tower Health adds to the bottom line of its new owner, and plans a direct to consumer marketing campaign using rugby convert Benji Marshall.

ANZ is taking a different view to other commentators and argues that the Reserve Bank's decision to introduce speed bumps, that is lending restrictions on low equity loans, will have an impact on the housing market. The bank states its case here.

Advisers may have to add another facet to their retirement planning conversations with clients if a Government proposal gets the green light.

Inform Group last week sold its online life insurance business Life Direct to Trade Me, now it has sold its Quote Monster website to one of its providers,