Auckland’s buoyant property market is prompting more brokers to enter the industry, says Loan Market’s chief executive David Hart.

Institute of Financial Advisers chief executive Penny Mudford says professional development director Joe Grayland achieved what he was appointed to do in his 18 months in the job.

Institute of Financial Advisers professional development director Joe Grayland has resigned, Good Returns has been told, and organisational politics are getting the blame.

Kiwibank is offering insurance to Christchurch properties in TC3, the most damaged outside the city’s red zone.

Mighty River Power shares are likely to be priced between $2.35 and $2.80 when they are offered to the public, it was revealed today.

It was revealed today that Mighty River Power shares will likely sell for between $2.35 and $2.80 when they hit the market next month. But uncertainty over whether Rio Tinto will maintain its smelter at Tiwai Point will likely make a big difference to how much the shares are worth

A

The Reserve Bank has asked for submissions on its review of the prudential regime for non-bank deposit takers (NBDTs).

Southern Cross’ biggest health insurance payout last year was for a spinal surgery costing $160,000, its latest statistics reveal.

Specailist lender Liberty Financial says lo-doc lending is needed in Christchurch following the earthquakes.

Specailist lender Liberty Financial says lo-doc lending is needed in Christchurch following the earthquakes.