Churn, in the insurance business, occurs when advisers switch their clients to different providers merely to generate a new lump of commission.

The boss of state-owned Kiwibank wants people to be compelled to join KiwiSaver, with individual contributions rising gradually over the next decade or two to reach 10 per cent of income.

Disgraced Bridgecorp boss Rod Petricevic and finance director Rob Roest returned to court today on SFO charges.

It's time for the Government to limit taxpayers' losses by winding down SCF.

A march in support of Allan Hubbard and his wife Jean proceeded through Timaru's main street today and finished up outside South Canterbury Finance.

Hundreds have rallied in Timaru to support Allan Hubbard.

Hubbard is defending his actions, while one investor says he had been told he was investing in a "trust fund".

There have been so many twists in this storyline that it's difficult to remember who's who, what's what and, more importantly, why.

Pyne Gould Corp's security trustee has agreed to lend extra millions to Timaru-based South Canterbury Finance.

Dispute over money paid to the trust during the two years before Petricevic's bankruptcy in August 2008.

The Government has embarked on a path to abolish building depreciation on virtually every building type and could hit depreciation claims on commercial building fit-outs in future, says Bayleys Valuations director John Freeman.

A blonde model was having a relationship with disgraced Bridgecorp boss Rod Petricevic when he allegedly signed off more than $1 million in "dishonest" payments to her, according to investigators.