GoodReturns | NZ’s financial adviser news-item centre

For Sale: One damaged advisory network

Financial advisory group Vestar is on the market and is won't fetch anything like the $52 million MFS Australia paid for the company in late 2006.

Tue, Apr 29th 2008 07:45AM

RaboPlus adds two more to team

1 min read

Geneva investors say yes

2 min read

News Round Up

2 min read

First finance company PIE fund

UDC is the first finance company to roll out new products under the Portfolio Investment Entity tax rules. It's two offerings are a term fund and a cash one.

3 min read

MDRT Roadshow 2008

Wellington

1 min read

Weekly Wrap: Spicing it up

The story which has tickled my fancy this week is Bluestone's efforts to grab control of Geneva Finance's assets. I know it is not a story which has major impact on advisers as few would have had any of their clients' money with Geneva.

3 min read

OCR announcement

1 min read

The official cash rate (OCR) unchanged at 8.25%

Reserve Bank Governor Alan Bollard said: "Economic activity has weakened more markedly than expected in the Bank's March monetary policy statement.

2 min read

The official cash rate (OCR) unchanged at 8.25%

AXA reports strong group risk sales

AXA New Zealand says sales of insurance products were are up 22% to $5.6m in the three months to March 31. Its total insurance premiums from New Zealand policy holders to $173.4 million.

2 min read

MDRT Roadshow 2008

Auckland

1 min read

PINs change

1 min read

Who wants to be on IFA board?

1 min read

Parent says Tasman and United doing OK

Lombard says that although its finance company has collapsed its mortgage businesses, Tasman and United, continue to to trade at acceptable levels in a very tough market.

1 min read

Receivership better ending for Kiwi Finance: Trustee

Kiwi Finance, the little New Plymouth-based finance company which fell over at the end of last week, owed $2 million to 41 debenture holders.

1 min read

Receivership better ending for Kiwi Finance: Trustee

Strategic Investment & Asset Allocation Summit

Auckland

1 min read

Strategic Investment & Asset Allocation Summit

Hanover's rating reconfirmed

Fitch has confirmed its rating on Hanover at BB+, one step below investment grade. It has also assigned a "stable" tag to the rating indicating that it doesn't expect to raise or lower it in the near future.

2 min read

Weekly Wrap: Unseemly infighting all for nought

We were right. As Good Returns first reported yesterday the idea of competing Approved Professional Bodies has been canned and replaced with the idea of just one regulatory body - the Securities Commission.

4 min read