Auckland

The Securities Commission is seeking a court opinion to help protect investors in a failed contributory mortgage company. It says that it is wearing the costs of the court case so the individual investors don't have to pay.

Wellington

Wellington

Just one week out from the introduction of KiwiSaver, a majority of employers still feel they need more information on the new workplace savings scheme, according to a snapshot of businesses taken by New Zealand's leading business management solution provider, MYOB.
Press Release

Expectations that inflation will veer close to the top of the range tolerated by the Reserve Bank during the next few years could see the current high interest rate environment persist for some time.

Fidelity bond may postpone first coupon payment, Trust deeds may require rewriting, New rules will force some players out.

Christchurch

AMP welcomes advisory industry changes, Innovative options fund launched, and The Investment Store picks up new manager.

The Broadbase financial planning group has moved from its co-operative structure to one where its advisers now own the group.

Ratings agency Standard & Poor's sees a need for investor education following the announcement of new rules for the non-bank financial sector.