New Plymouth

Fisher Funds has confirmed chief investment officer Warren Couillault has sold his stake in the management company and is leaving.

Strategic Finance's parent, ASX-listed Allco isn't looking to sell its New Zealand finance company, as part of its restructure announced yesterday.

Wellington

Wellington

Money Managers shake up, First CPIM in New Zealand. Comment: It's not advisers who need regulating.

Two thirds of owners of mid-sized New Zealand businesses surveyed for the Grant Thornton International Business Report say that fewer than 10% of their employees have signed up for KiwiSaver.

Cover Notes provides you with an update on stories of interest to risk advisers. In this issue Brian Klee of Special Risks provides more information on the Revised Insurance Guidelines from the Human Rights Commission and what it means to advisers.

The Securities Commission will be contacting investment advisers and brokers early next month to check their compliance with new investment adviser disclosure laws.

Tauranga

The majority of people in a recent housing confidence survey expect that interest rates will rise.

Investors in Numeria Finance are likely to get between 38 and 51% of their money back.