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.

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.

Auckland

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.

The Hawk buys loans from the receivers of collapsed finance companies Western Bay and Capital + Merchant Finance.

KiwiSaver has more New Zealanders thinking seriously about their retirement income and is helping them save for it, according to the latest AMP SuperWatch research released this week.

KiwiSaver has more New Zealanders thinking seriously about their retirement income and is helping them save for it, according to the latest AMP SuperWatch research released this week.

Auckland

The number of New Zealanders in KiwiSaver has surged, following the employer contributions and tax credits that came into effect at the beginning of April.

LM Investment Management has rubbished claims that its first mortgage fund is suffering a liquidity crisis.

New Zealand's independent investment houses have been given a boost with the PIE regime and KiwiSaver lifting their long-term prospects. This month we discover there are many boutique managers who fancy their chances in the new environment.