
KiwiSaver advice criticised in new FMA report
The FMA has released a highly critical report on sales and advice practices for the financial services industry, including those selling KiwiSaver.
The FMA has released a highly critical report on sales and advice practices for the financial services industry, including those selling KiwiSaver.
Two retired property developers are liable to the receivers of a failed finance company for $308,572 because of guarantees they gave on an eight-year-old loan.
Paul Bublitz is seeking a delay of his theft trial so he can get money to pay for a lawyer.
Brent Sheather an Authorised Financial Adviser and a personal finance and investments writer talks fees and anomalies.
New Zealand's reputation as a responsible member of the world's financial community is undermined by holes in the financial services provider register.
PTT Group in the hands of court-appointed receivers.
Mark Brewer has resurfaced in London with a new name but similar modus operandi.
The Financial Markets Authority has licensed New Zealand's fourth peer-to-peer lender, Lending Crowd, which plans to offer small-to-medium sized enterprises business loans of up to $200,000.
How many equity crowdfunding platforms is too many equity crowdfunding platforms?
The FMA is worried KiwiSavers don't know enough about where and how their billions are invested.
A once-in-a-generation overhaul of capital markets regulation has been sometimes painful and the Financial Markets Authority has copped "pushback" from the industry, says its chief executive, Rob Everett.
An Auckland forex trading firm owned by a Pakistani national is challenging its deregistration by the FMA.
Luxury cars are among $1.6m of assets frozen as part of a probe into company Prosper Through Trading.
A Financial Markets Authority analyst has been charged with forging an academic record to get his job and then stealing nearly $210,000. in a scheme.
New Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations.
Perpetual Trust, formerly owned by Pyne Gould Corporation, was C+M's trustee, tasked with protecting the interest of investors.
Rod Petricevic is serving a 6 years and 10 months sentence for misleading investors and using company funds to buy a luxury boat.
A group of mostly Nelson investors face losing $2m after the collapse of a Colombian gold mining scheme.
The FMA is expecting a wave of appeals after deregistering 100 companies from the Financial Service Providers register, as it awaits a High Court ruling on Vivier & Co's appeal.
Vivier & Co, which has one-time political operator Luigi Wewege as a director, says the FMA used an 'inflammatory article' to strip it of registration.
A firm directed by Luigi Wewege will today appeal being kicked off the Financial Service Providers Register by the FMA.
The directors of OPI Pacific Finance, which collapsed owing $247m, have pleaded guilty to making untrue statements.
Ring belongs to a woman linked to a currency and commodity trading firm whose assets are frozen.
The Financial Markets Authority is hammering home the message that it means business on issues such as market manipulation and insider trading.
ASB, which reported a record annual profit yesterday, is increasing rural provisioning as a slump in dairy prices puts increasing financial pressure on farmers.
The FMA is suing former Milford portfolio manager Mark Warminger over alleged market manipulation.
The parked civil action against convicted directors of Capital+Merchant Finance has been dropped.
A bust company that owes clients $7 million has been put into liquidation, with allegedly "fictitious" profits paid out by the Christchurch firm being targeted for possible clawback.