Perpetual says it is in the final stages of selling its financial planning business and expects the deal to be done before Christmas.

Guardian Trust beefs up its Waikato operations with the addition of two new client advisers in its Hamilton office.

Predictions that the unit price of the LM First Mortgage Income Fund would be slashed when its long overdue accounts were released have proved correct.

A familiar name cleans up at the annual FundSource Fund Manager of the Year Awards.

An independent valuation of the Mike Pero Mortgages business puts its worth at a fraction of what it was when NZF acquired the business in 2006.

Gareth Morgan Investments, purchased earlier this year by Kiwibank, has appointed a chief investment officer to replace Gareth Morgan.

Wellington investment company Rangatira has appointed two new directors.

Financial advisers looking to invest their clients in alternative investment strategies have a hard job meeting their regulatory requirements for product suitability, a researcher says.