Falling fixed-rate mortgage rates to within cooee of floating rates means would-be borrowers are now paying a lot more attention to the fixed rate space, leading mortgage brokers report.

Plus4 Insurance Solutions (Plus4), the national insurance broking and financial adviser grouphas added a new adviser to its office in Wellington.

Guiness Peat Group has forced a Tower director to resign; meanwhile, it says it is in no hurry to sell its stake in the listed insurer/fund manager.

Mel Hewitson, who was previously the director, Financial Adviser Regulation at Financial Markets Authority, has a new role with a bank.

Marac rating updated and gone; Lombard trial update; SCF receivers sell more assets.

Kiwibank has joined with most of the other banks and cut some of its fixed rate home loan rates, with decreases in its longer term loans.

A former Hanover investor has won the right to claim a tax deduction on losses he made selling Allied Farmers shares, potentially opening the door for hundreds of other investors to do the same.

NZX names new chief executive to replace Mark Weldon.