Press Release: Loan sharks will be netted in new rules announced today requiring all financial service providers to be registered and belong to a dispute resolution scheme.

Press Release: Commerce Minister Lianne Dalziel today announced the first phase in a package of new rules for the non-bank financial sector.

Press release: "We should brace ourselves for a game of KiwiSaver political hot potato, says Ernst & Young.

Press Release: Goldman Sachs JBWere today announced that Lance Jenkins, CEO of Goldman Sachs JBWere (NZ) will resign from his position, effective 31 July, after a successful 15 year career with the firm.

Loans underlying New Zealand residential mortgage-backed securities (RMBS) recorded a slight rise in arrears greater than 30 days over the March quarter.

The Guardians of New Zealand Superannuation say, in the face of protest from the Green party, that it strives to invest responsibly.

Equitable tidies up structure, Positive property revaluations for investor. Drive by shootings in the industry and Moves afoot at Broadbase.

Deposit Rates News Briefs: Strategic increases preference share offer, General Finance posts good result, Money flow into bank TDs slows, BNZ issues bonds and PPCS in breach of banking covenants.

One of the things we strive to do at Good Returns is provide readers with the freshest news in the financial services industry.

Christchurch

Goldman Sachs JB Were says changes to tax rules require a new look at the listed property trust sector.

Tower Health & Life has released enhancements to its Life 360 and Business 360 non-medical limits.

Auckland

Press release: Many employers in the middle of wage and salary reviews are finding they have to urgently re-work pay increases to accommodate the new compulsory KiwiSaver employer contributions, says David Lowe, Employment Services Manager for the Northern Employers and Manufacturers Association.

Instant Finance has managed to overturn an unfavourable decision made against the company’s advertising, which if upheld and published could have damaged its reputation.