The Periodic Review Group tells advisers that they should have a self-regulation plan finalised by the end of next year.

Promoting workplace superannuation is currently the focus of the government, and it is being pushed by the Periodic review Group, however one large firm is opposing these initiatives.

Often at this time of the year bank advisers get a brick bat from the Banking Ombudsman – but not this year.

ACT New Zealand Finance Spokesman Rodney Hide says that the failure of the Government's Super Fund to meet its targets was hardly a surprise.

St Laurence Group has extended its 9% convertible note offer for another two months.

The Financial Planners & Insurance Advisers Association supports self-regulation and is keen to take a leadership role.

Social Development and Employment Minister Steve Maharey says the Government will respond to the PRG Report early in the New Year. He has also announced that the Retirement Commissioner Diana Crossan has been reappointed.