Oxford Finance, the finance company backed by electricity network operator Electra Group, has been given an investment grade credit rating by Standard & Poor's.

Michael Coote has been appointed to a newly created position within TOWER Investments.

KiwiSaver Performance Survey - Returns to 30 September 2009

Kiwibank raises $309mill; Treasury budgets $816m payout to investors; Blue Star saysno RWT tax.

There are so many things happening in the adviser regulation space at the moment it becomes easy to miss, or overlook things.

South Canterbury Finance is having to repay the US$100 million sourced from US investors, but is expecting to get a new credit facility of $75 million from an unnamed third party provider.

GE Money has confirmed it is keen to become a player in the credit card and deposit space, but is refusing to "lock in" a start date.

Auckland

Simon Manning has joined the AMP Adviser and Adviser Businesses Association as its new chief executive.

Accident Compensation Corp. law changes will halve proposed levy increases, says its minister Nick Smith.