Investors likely to recover more money
Unguaranteed investors in failed finance company Viaduct Capital are likely to get back around 10 to 15 cents in the dollar.
Unguaranteed investors in failed finance company Viaduct Capital are likely to get back around 10 to 15 cents in the dollar.
Accused property developer Paul Bublitz has denied the existence of a conspiracy in a plan to purchase finance companies.
The companies linked to Paul Bublitz and his co-accused collapsed in 2010, owing investors a total of $17 million.
Financial service providers have been told to put their customers' interests first in a new guide outlining how the regulator wants
COMMENT: Hard yards are still to come as financial market regulatory rebuild nears its completion.
The Government plans to raise the threshold that businesses must meet to make it on to the Financial Services Providers Register over
Prosecutors and the defence are gearing up for the last failed finance company trial, more than a decade after failures began to rock
A planned law change is to aid the rise of "robo-advice" in New Zealand and for Kiwis to get more financial guidance online.
A man described in 2010 as an investment manager whose company catered to the wealthy is being investigated by the SFO and FMA.
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.
The funds management industry represents an increasingly important part of the NZ economy, writes Rob Everett.
A new licensing regime is designed to give money saved in pool investment schemes, like KiwiSaver, greater protection.
Liquidators are trying to claw back some of this money and have served formal legal notices on 12 Arena Capital investors.