Tough new rules for UK-New Zealand pension transfers will go ahead largely unchanged, despite strong lobbying from New Zealand's financial services industry.

Petricevic lawyer blames Roest; Hobbs estate under threat; bank regulations slowed

Imposing new and costly disclosure requirements for prospectuses would be a waste of time because no-one reads them, a fund manager says.

This week saw differing fortunes for financial industry organisations: one came to an end, one was reborn and a new association got off to a modest start.

Recent court cases have sparked a surge of interest in suing those involved in the finance company collapses, according to New Zealand's only local litigation funder.

The Investment Savings and Insurance Association has been replaced by the Financial Services Council, which will play a different role in the newly-regulated marketplace.

The Financial Markets Authority is keeping a close eye on "fringe" investment products, and it says financial advisers have a key role to play in protecting investors.

New finance company in SFO sights; Geneva Finance keeps credit rating; interest rate set for ANZ bonds; Bridgecorp verdict approaches

This week saw questions raised about life insurance statistics that don't include the whole industry; also, a fund manager feud ended and new data gave mixed signals for the mortgage market.

Harbour Asset Management, which slammed other fund managers over performance fees, changed its own performance fees after criticism by fund researchers.

The battle between Devon and Brook may be over, but the war for talent in the fund management industry is likely to continue.

The court battle between Devon Funds Management and rival Brook Asset Management has ended after the parties reached a confidential settlement.

New Zealanders don't know how lucky they are to have quality fund managers operating in their back yard, according to a top researcher.

The Government's $5-7 billion sell-down of state assets will kick off later this year, but financial advisers aren't jumping for joy at the giant IPO programme.

Guilty plea in SCF fraud case; Bridgecorp's Roest in the dock; ANZ launches bond issue

ANZ was in the news twice this week; while its subsidiary OnePath won fund manager of the year, ANZ's mortgage book continued to shrink.