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Advisers selling insurance to get freebie trips - report claims
A group of insurance advisers appear to be 'churning' customers - meaning better commission payments for them - and worse cover for clients.
A group of insurance advisers appear to be 'churning' customers - meaning better commission payments for them - and worse cover for clients.
A company director who made false statements in financial accounts has been sentenced to four months' home detention and 200 hours'
Details of the case against Milford Asset Management's Mark Warminger were revealed in court today.
The FMA says it doesn't believe an information pack for shareholders on the merits of a takeover by Shanghai Maling was misleading.
Financial Markets Authority boss Rob Everett delivered the speech reflecting on the organisation five years after it was established.
The markets watchdog has ordered a foreign exchange educator to change its marketing that it alleges was misleading or deceptive.
KiwiSaver providers have been told by the market regulator to stop treating members as 'cash cows'.
One of the country's largest broking firm has been handed a formal warning after it breached anti-money laundering laws.
It's tough to get into Auckland property - is buying shares in a single house the answer?
Emotion is a strong driving force when it comes to making money decisions.
Stephen Duff, brother of author Alan Duff, has agreed to retire from offering financial advice.
New Zealand's investment watchdog is warning the public to be wary of unlicensed and unregistered operators.
Intueri Group's financial statements have been tagged by its auditor over the company's ability to continue as a going concern.
Former Hanover Finance principal Mark Hotchin will have to reverse course and admit negligence if he wants to successfully squeeze funds out of the failed lender's former trustee Guardian Trust.
Liquidators are trying to claw back some of this money and have served formal legal notices on 12 Arena Capital investors.
For many people having their KiwiSaver account with the same business that has their mortgage, savings and credit cards seems like an easy solution.
Christchurch-based foreign exchange firm owes clients $7 million.
The number of firms kicked off the register of Financial Services Providers fell sharply as the power of the regulatory boot was tested in the courts.
The Serious Fraud Office has confirmed it is investigating Intueri Education Group.
Benjamin Anthony Kiro was convicted after pleading guilty to 23 charges at Auckland District Court this week.
Benjamin Anthony Kiro was a "big personality" who "pulled the wool" over people's eyes, says one man who gave him thousands of dollars to invest.
He used Tinder to find victims and falsified his CV to get a job at Financial Markets Authority.
Prosper Through Trading has been put into liquidation.
The High Court in Auckland has upheld the deregistration of Pakistani-owned foreign exchange firm Excelsior Markets.