Gould Wealth Management approaching $400 million; NAB may buy ABN Amro units; ASB has new PIE fund; Fruition Asset Management Pacific Fund returns 5.8%; Liontamer funds close; Fidelity reports excellent results; Biggest drop in household wealth in 10 years

Adviser regulation is certainly the theme of the week.

Adding insurance to a mortgage broking business has been good for national group the Kiwi Mortgage Market (KMM).

The aim of the Insurance Adviser of the Awards is to identify and celebrate best practice in the risk advisory profession.

Auckland

On the eve of adviser regulation it appears a new model is being promoted strongly to lawmakers, although it hasn't had wide discussion in the industry.

Wellington broker Finlay Abbot has been named New Zealand's top mortgage broker for 2008 by the New Zealand Mortgage Brokers Association.

Wellington broker Finlay Abbot has been named New Zealand's top mortgage broker for 2008 by the New Zealand Mortgage Brokers Association.

Failure to establish definite financial objectives and to implement a plan for reaching those objectives is the biggest money mistake of all. Putting off until tomorrow what should have been done yesterday is financial suicide on the installment plan.

Wellington

The Companies Office has laid criminal charges against the directors of Five Star Finance and Five Star Debenture Nominee, Marcus MacDonald, Anthony Bowden and Nicholas Kirk.

Finally it seems there is some good news for borrowers at the moment. After a long period of rising home loan rates there are clear signs that things area turning around.