Latest fromFinancial Services
Loan scheme to knock out 'loan sharks'
Almost 1 million families will be eligible for low- and no-interest loans under a new Government-backed scheme aimed at saving low-income families from "loan sharks".
Would a 'Banker's Oath' tame some financiers?
A British organisation has released a report titled "Virtuous Banking", which offers suggestions for reforming the financial industry.
Can't save? Blame genes
We all know that we should save to ensure our golden years really do turn out to be what the name suggests but why do we find it so hard to do so?
Savers warned to check KiwiSaver fees
KiwiSaver members should pay close attention to how much their providers are charging, a global research firm has warned.
Even yakuza can't stop investors hunting for yield
The Japanese consumer lender at the centre of a scandal over loans to gangsters that engulfed Mizuho Financial Group sold debt at about a fifth of the premium global companies pay, as investors search for yield.
China Construction Bank gains NZ banking license
China Construction Bank has been licensed by the Reserve Bank, making it the country's 24th registered lender.
Saving for your Golden Years
Check out a replay of our noon live chat on retirement savings - how much do we need to save?
FAI turns to court over loan to ex-lawyer
A finance company has gone to the High Court to extend freezing orders over two properties as it chases down a $300,000 loan taken out by a now-bankrupt and struck-off lawyer.
Finance industry winners
Companies including Ebos, BNZ, Milford Asset Management and Craigs Investment Partners took home awards at a major finance industry event in Auckland last night.
Complaint awareness needs to improve - FMA
Just one in 10 people know who to complain to if they have a dispute with their bank, insurer or financial adviser - and that's not good enough, says the head of the FMA.
Bank boss: Stop talking about bonuses
Barclays has been accused of trying to silence criticism of its bonus culture after a director slapped down a shareholder for speaking out over its pay practices.
New FMA tools 'immensely powerful'
New Zealand's market watchdog now has an "immensely powerful, proactive toolbox" to stamp out misleading behaviour says a major law firm.
Low-ball share bids take $290,000 toll
Kiwis who accepted low-ball share offers sold their investments at $290,000 below market value in the year to February, despite rules aiming to limit the practice.
Onion offers clients 'no tears'
New Zealand's biggest house builder has launched its own "no tears" finance company, expecting to lend up to $150 million annually after clients struck problems getting mortgages.
When the FMA comes a knocking...
Law firm Bell Gully has published new guidelines about what to do if the Financial Markets Authority raids your business.
Warehouse raises $100m for push into financial services
The country's biggest listed retailer, successfully raised $100 million from institutional investors to help fund its drive into financial services.
Lenders target families with Xmas cash
Money lending firms are offering lavish gifts and prizes to entice people into taking out high-interest loans for Christmas.
Otago expecting increase in student numbers
Student numbers are expected to increase at the University of Otago next year, turning around three years of declining enrolments at the institution.
Earthwise streaks to top of Fast 50
Auckland-based Earthwise Group, a maker of environmentally friendly cleaning products, is top of this year's Deloitte Fast 50 index.
Ombudsman fields gripes over banks' behaviour
The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.