Propertyfinance Group in the dark on recoverability of outstanding loans; Interest payments on Fidelity bonds deferred again; SCF board paving the way for Hubbard successor; ABN AMRO ups ante in five- and nine-month TD space.

Financial advisers will be unable to operate through limited liability companies under the new regulatory regime and will become personally liable for any financial advice they give.

The Institute of Financial Advisers (IFA) honoured volunteer service to the organisation last night handing out five Fellowship awards.

Southland Building Society has had its ratings affirmed by Fitch Ratings.

Grosvenor has launched a new leveraged fund to complement its current range of four multi-sector portfolios.

Auckland

Despite the recession being "in its death throes" the economic and financial backdrop is still the most uncertain it has been in many a decade, according to this week's BNZ Capital Markets Outlook.

Momi auction extended; ASB and Bank Direct hike TD rates

Economists are forecasting that home loan rates will start rising early next year, but overall rates borrowers pay are still falling.

Securities and Financial Advisers Amendment Bills passed; Rental property tops investor confidence survey as optimism grows; Infrastructure bonds better than PPPs; Retail funds flow turns negative; Taskforce to probe NZ productivity