Former Hanover debenture holders who had their interests converted into Allied Farmers shares in late 2009 are facing a massive but as yet unquantifiable dilution.

BNP Paribas has announced the appointment of Barry Dench as head of its New Zealand business, based in Wellington.

Former Hanover debenture holders who had their interests converted into Allied Farmers shares in late 2009 are facing a massive but as yet unquantifiable dilution.

Less than one quarter of KiwiSaver members sought financial advice, yet of the 18% of people who have switched schemes, 12% did so after a recommendation from a financial adviser.

Something new for advisers to worry about in their newly regulated world is another freshly-minted set of laws they will need to follow to help combat money laundering.

Westpac's New Zealand mortgage book apparently grew strongly in the June quarter when a sharp drop in bad loans helped net profit jump 34.7%.

Term deposits and rental property remain the investment of choice for the majority of Kiwi's, while Budget changes have dented KiwiSaver's popularity, according to the latest ASB Investor Confidence Survey.

Plus4 Insurance Solutions has announced that Chris MacKay Financial Planning (CMFP) has joined Plus4, boosting the group’s Wellington presence.

The latest survey of economists, done by Mortgagerates.co.nz, shows that even the experts are unsure of what will happen with interest rates.

The Adviser Channel is still up and running though there is some uncertainty around founder Mehernosh Kotwal's relationship with TNP.