Eleventh hour substantial repairs have been made to the legislation governing financial adviser regulations.

Sovereign is cautioning its financial advisers to resist the temptation to scale back their qualifications following a proposed easing of regulation requirements.

Mortgage brokers will avoid the burden of most financial adviser regulation provided they stick to their main line of business.

There will be plenty of cash left over for Allied Farmers if the conditional sale of Five Mile’s second stage in Queenstown goes through.

Milford Asset Management has created a new position and appointed a head of business developement.

Queenstown

Reserve Bank governor Alan Bollard raised the official cash rate by 25 basis points to 2.75% today, the first increase in three years, saying the economy is into its second year of a "broad-based" recovery and has largely avoided the recent gloom in the Euro-zone.

The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 2.75 percent.

South Canterbury Finance have appointed a new chairman to take over after owner and founder Allan Hubbard became President For Life.

Fiji