The Financial Markets Authority has at long last decided to file civil proceedings against directors of Hanover Finance and related companies relating to statements in December 2007 prospectuses and subsequent advertisements.

Former PAA Insurance Adviser of the Year Stephanie Wiki has decided to leaver Partners Life for personal reasons.

Auckland Council will go offshore for funding with a US$2.5bn Euro Medium Term Note (EMTN) programme arranged by HSBC.

GFNZ Group, formerly Geneva Finance, narrowed its first-half loss to $0.26 million and says collections from its pre-moratorium ledgers, the cause of its losses, are having a reducing impact.

Bankrupt convicted fraudster Allan Ludlow has been banned from setting up, operating or working in the consumer finance industry.

Fund managers move away from shares;Latest Investment Yearbook available

As we get closer to the silly season there’s still plenty of serious action going on in the financial advisory world. Niko Kloeten explains.

 The pressure on health insurance premiums - and how to reduce them - dominated the Southern Cross Medical Care Society annual general meeting this week.

Partners Life estimates that it accounted for around 10% of new insurance business written in the September quarter.

The Financial Markets Authority (FMA) has completed the recruitment of its strategic leadership team with two further appointments, reporting to chief executive Sean Hughes.

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.50% and given no indication of future movements.