Oxford Finance Corporation has announced that from April 1, 2011, it will cease to offer its debentures to the public as it no longer needs to attract external investors to fund its finance operation.

KiwiSaver provisions better; IRESS announces launch of new adviser software; Massey University in final of Asia-Pacific Global Investment Research Challenge; Emerging markets the place to be: Goldman Henry; Fortress first-half profit down.

The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points to 2.50%.

The Institute of Financial Advisers (IFA) has launched a fund that will enable Christchurch advisers to provide free financial advice to earthquake affected residents which has already attracted $30,000.

[UPDATED] AMP financial services managing director Craig Meller has announced changes in roles as a result of the merger with AXA, to take place on March 31.

Former Mortgage and Insurance Express chief executive Andrew L'Almont will not be replaced, as Harcourts says the function he carried can be done within the wider Harcourts group.