The St Laurence Private Equity fund has taken a 25% stake in financial planning group Northplan for an undisclosed amount.

Sovereign has reviewed its current life insurance product range and made enhancements that recognise and cater to the specific needs of key groups of New Zealanders.

Instead of the normal Friday Weekly Wrap we have a mid-week catch-up. After all there is likely to be little work happening on Friday.

St Georges Bank says its earnings momentum is on track and that the bank is in good shape in Australia, but is reviwing its New Zealand operations - Superbank.

PINS hits $22 million, NZX index changes, Bluestar bond news and changes to redemption rights of US50 Fund.

The residential property market is continuing to defy Reserve Bank attempts to slow down, latest sales figures from the Real Estate Institute of New Zealand (REINZ) show.

With New Zealand interest rates now even higher and the pressure on the New Zealand dollar intensifying, homeowners, exporters and investors are likely to feel more than just a pinch. Somewhere between the tough talk from the Reserve Bank, the prevailing political rhetoric that all is well, and the media declaring the “sky is falling in” lies the truth but what is it and how are New Zealanders investing in these market conditions?

AMP Financial Services has introduced a dedicated paraplanning team to take on the role of designing individualised investment plans and let AMP Advisers get on with the business of advising their clients.

St Laurence Property & Finance has opened its $25 million bond offer.

Auckland