Ten 'cowboy' adviser complaints probed
The FMA is investigating 10 complaints of financial advisers who may be practising illegally, and warn the number could go higher as it introduces tough new legislation to weed out the "cowboys".
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Nathans Finance directors guilty
Former Nathans directors Mervyn Doolan, Donald Young and Kenneth Moses have been found guilty on five charges of breaching the Securities Act. They have been remanded on bail and will be sentenced on September 2.
New property tax will hit tenants, says investor lobby
Plans by Labour to introduce a politically risky capital gains tax on investment property are being opposed by investors, who it will hit tenants.
'New Era' of finance adviser rules starts today
Today is being heralded as the dawn of a "new era of professionalism" for the financial services sector.
Whitcoulls - the next chapter
In an exclusive interview, the book and stationery chain's new owners tell Karyn Scherer about their plans for one of the best-known names in NZ retailing.
Inside Money: Good things (except money) come to those who wait
Do you think it's hard to get $1 million?