South Canterbury Finance is looking to raise up to $100 million through a secured bonds offer.

Wellington

Former Spicers adviser buys Equity; Goldman Sachs signs UN's PRI; Tower launches cash PIE; S&P releases first peer review and sector report; Ironbridge buys Bravura; EUFA to launch mediation tribunal.

Wellington

In April alone there were 78,000 New Zealanders who joined KiwiSaver, in response to the government's enhancements and bringing the total number of KiwiSavers to over 600,000.

Bluestone has decided to "suspend" the distribution of its home equity release product through brokers and financial planners.

Various

The number of New Zealanders covered by health insurance rose by 1.4%, or 18,800, to a record 1.388 million in the year ending in March, according to statistics released by the Health Funds Association of New Zealand (HFANZ).

The number of New Zealanders covered by health insurance rose by 1.4%, or 18,800, to a record 1.388 million in the year ending in March, according to statistics released by the Health Funds Association (HFANZ).

Auckland

Funds flow into managed funds improved in the March quarter, bolstered by KiwiSaver, however the overall picture isn't particularly flash.

The Securities Commission says that investigations into collapsed finance companies are progressing well and it is likely that proceedings will be laid against some companies.

Tyndall Investment Management have taken out the top award as the Morningstar Fund Manager of the Year 2007.

Submissions close on May 16 for the government's new plan to overhaul the financial Advisers Bill - throwing out co-regulation and narrowing its target. David Chaplin reports on why political expediency has won out.