Geneva Finance is carrying out a full review of its loan portfolio in response to the ongoing deterioration in market conditions.

Tower Health & Life has appointed Mike Lopes as head of intermediary distribution.

Auckland

The two big adviser associations have been ticked off by the Minister of Commerce, Lianne Dalziel, after they outlined their concerns about the latest proposals to regulate advisers.

AXA New Zealand has recently appointed Mark Ennis as General Manager of Strategy, Marketing and Financial Protection.

Auckland

Rotorua

The newest dealer group in New Zealand, Camelot, was launched in Tauranga on Friday night. Camelot is described as a group which has taken years to come together, and one which will grow quickly.

Auckland

Paul Richardson has been appointed to the new position of chief investment officer at BT Funds Management (NZ), the investment arm of Westpac.

Independent financial advisory firm Broadbase has shrunk dramatically to a core group of just six planners in three South Island offices.

Wellington