Allan Hawkins defends Cynotech prospectus and says he is willing to disclose historic fraud.

Long-term deposit rates start climbing; DPG posts another loss; Fortress Notes face more defaults; More details on NZ Post bond.

New Zealand property values continued to stabilise in May with cheaper mortgage rates making housing more affordable, after a rough year in 2008.

The property market extended its gains this year, with May's monthly sales continuing to improve after an "abysmal" year in 2008.

Eosaver, the KiwiSaver scheme owned by Australian firm Eo Financial Services, has decided the market is too crowded and, rather than look for an alternative, has become the first provider to walk out the door.

Financial advisers have turned back to selling insurance products as demand for investment vehicles remains low in the global economic downturn, according to Fidelity Life's chief executive Milton Jennings.

The Institute of Financial Advisers' new disciplinary bylaws to bring it in line with other professional organisations have been passed by its membership at its council meeting last month.

Financial advisers have turned back to risk insurance products as demand for investment vehicles dwindle in the global economic downturn, according to Fidelity Life's chief executive.

The first recession in a decade has failed to dent demand for risk insurance products as life insurance premiums continued to climb for the year ended in March, according to the Investment Savings and Insurance Association (ISI).

Kiwibank happy with TD Tuesday's uptake; Vector bond sale raises $150 mln; Govt may align PIE and personal taxes

The government has announced an extra $11.7 million for the Securities Commission over four years to implement a regulatory body for financial advisers, before expecting it to become self-funded through fees and levies.

Tower has entered into a partnership with Aon New Zealand in a bid to better distribute its products aimed at the rural market.

ANZ National Bank’s eight gauges of the property market predict the housing market is “showing signs of life” with a surge in migration lifting demand, although the overall tone is negative as unemployment remains the big uncertainty.

Kiwibank is keeping tightlipped about the term deposit rates on offer in its four-day special beginning today, although has admitted they will be "relatively short-term".

Tower Insurance has filled the gap in its services, and has moved into business insurance with a new policy offered directly to the public.

Provisional Finance receivership winds up; Allied raises $6.3 million; Marac extends into vehcile finance. Govt guarantee to blame for high rates.