Hanover Finance has confirmed its audited profit before tax of $17.2 million for the six months to December 31 and says cash reserves at the balance date were "just over $80 million".

An innovative website that enables anyone to work out what level of life insurance they need and how much it will cost them has just been launched.

While there is very little good news for borrowers over recent months there has been the slightest glimmer of hope this week.

South Canterbury Finance has purchased part of the loan book held by Finance and Investments from receivers PricewaterhouseCoopers.

Investors offered opportunity for global investment spread and sustainability through NZ's first Global Sustainability Investment Fund
Press Release

Auckland

Fisher Funds has been given a recommended rating from research house Morningstar, which says the manager "remains one of the best domestic equities approaches on offer".

Standard and Poor's says that when retail confidence returns to the finance company sector, it may look a lot different.

Standard and Poor's says that when retail confidence returns to the finance company sector, it may look a lot different.

UPDATED: Fisher & Paykel Appliances has failed to find a buyer for its finance company business and plans to hold onto it for now.