Making billions of dollars is "not that hard", David Tepper tells people.

Fund managers have been told they need to better identify risky assets and invest more in property and infrastructure.

Hanover investors asked heated questions of company directors at a meeting to discuss the $400 million deal put up by Allied Farmers.

"When's your next bloody party in Fiji," one angry investor asked Hanover director Mark Hotchin during heated scenes yesterday.

A Consumer NZ investigation of financial advisers has found the advice being given was "scandalously poor".

A number of banks and large finance companies have made changes to deposit rates, with rates generally being pushed up.

Hanover Finance and its part-owner Mark Hotchin are taking a small investor to the High Court over $697.96 owed to the man's teenage daughter.