The United States Securities and Exchange Commission says it has frozen the assets of a man who came to the attention of New Zealand's Financial Markets Authority.

I read the other day about women hitting retirement with less in the kitty than men.

I wonder where the bankrupt correspondents who wrote to you live. If it is in Auckland or environs I suggest they think about relocating to a country town for the following reasons.

A USB stick with sensitive information about 1200 clients of a life insurance company has been stolen from an employee's car.

Lawyer first port of call for grandparent bequests but KiwiSaver offers options for supporting grandchildren, writes Helen Twose.

Home-loan risk can be spread by keeping some floating and the rest fixed over both shorter and longer terms.

KiwiSaver funds with higher exposure to shares were the best performers over the September quarter, according to Morningstar.

"Where," asks David Chaplin, "are the current batch of default providers going to send members for 'impartial financial advice' - off to rival banks, perhaps?"

All KiwiSaver investors should be able to find out how their fund is performing, what fees are being charged and where the money is being invested from today.

Winston Peters says changes to KiwiSaver which would stop it being "a pot of gold’’ for fund managers would be a bottom line in any post election coalition talks.

Cloud accounting software provider Xero has become a $3 billion company.

Shares in Xero rose 30c to $20 per share this morning - a day after the company raised $180 million in new capital.