Investors in failed finance company Capital + Merchant may get back less than 10 cents in the dollar, the receivers say.

Belgrave Finance has chosen to go into receivership, rather than seek a moratorium like other companies have done.

UPDATED: General Electric is considering selling or changing the model of its franchised Wizard Home Loan operation in New Zealand.

Revenue minister Peter Dunne has dispelled fears that the government could ban cash and income funds from the new PIE tax regime.

Mercer's new manager research process; St Laurence and the full year report

A raft of changes in home loan rates in the past fortnight have changed the shape of the competitive market and the yield curve.

Yesterday's Budget didn't deliver a lot for the financial services sector - except a bill for $4 million.

AIG Life has launched a new tool to help advisers determine the appropriate level of cover for their clients. The package, Lifestyle Check, is a New Zealand version of a needs analysis tool AIG has rolled out in many other countries.

The government has, for the first time, put a cost on regulating the financial services industry and said how much of the bill it would pay.

Tower's health business has been the standout performer in the company's six-month profit announcement made today.

Auckland

Commerce Minister Lianne Dalziel is letting the watchdogs off the leash.