Money at Work: This week we look at the Life Settlements Wholesale Fund

Upfront insurance commissions have reached dizzily high levels over the last years with some firms pumping rates up harder than others. In the cover story of ASSET this month, editor David Chaplin reports on a market that could be about to blow its top

Auckland

The beleaguered Propertyfinance Group (PFG) opened for business again on the stock exchange this morning, one month after trading in its shares was halted by the NZX.

Money at Work: This week we look at Marac's first ranking secured debenture stock.

Christchurch

Hamilton

Dorchester fights off Viking attack, NZ slows but rate cut not on agenda and AMP puts Dunn in charge

Auckland

Previously I mentioned advisers will be in for a bit of a rough time and this prediction is coming through. I see one of the weekly business papers has had a good crack at Vestar this week and I understand both TVNZ and National Radio are planning to air pieces this week.

Many financial planners and investment advisers don't plan to change their approach to investing in finance companies, despite a number of these businesses falling over in the past year and a half.