Latest from Financial Services

Where you can donate goods and who you contact for help after Gabrielle

Contact numbers, websites and email addresses have been provided to help those in need.

Record $3.5 million fine for life insurer over dodgy policies

Watchdog sends a heavy signal after insurer's senior management made bad decisions.

Pushpay insider trading case: Accused argues for anonymity

The case is the largest such proceeding in NZ history by the value of shares traded.

NZ Auto's bank pulls funding over boardroom changes

NZ Automotive's bank pulls funding on the back of boardroom ructions.

Diana Clement: Are you in a financial crisis?

OPINION: A free financial mentor can help you out of a tight spot.

Man hounded by company seeking debt repayment for unknown woman

"I'm the innocent party": Multiple pleas fell on deaf ears.

Conflict of interest? Director tied to Kiwibank contracts to RBNZ

Concern raised over a contractor to the Reserve Bank's ties to Kiwibank.

Court rules private financial dispute service should be called an ombudsman

Non-profit offering a dispute resolution service is entitled to call itself an ombudsman.

Insurers say 'no' to Reserve Bank-run policyholder protection scheme

Insurers reject scheme that would protect policyholders in the event of company collapse.

Auckland, Northland businesses show high debt stress

Uncertainty is hampering small businesses as they try to operate under restrictions.

FMA censures broker Jarden for derivatives issuer licence breaches by OMF

'A derivatives issuer failing to handle client money appropriately is serious.'

Markets watchdog has 'less tolerance' for anti-money laundering breaches

A new report detailed anti-money laundering monitoring insights for the past three years.

PwC to hire 500 more workers and spend $8m digitally upskilling staff

The move is part of a new global strategy for the firm.

Solo mum forgoes food to pay for car loan after lender mistake

The woman was approved for a car loan that she couldn't afford.

'Treacherous trio of scams': Markets watchdog issues warning about Covid-19 exploitation

Scammers and fraudsters are exploiting the Covid-19 crisis and economic climate.

Derivatives trading firm hit with $770,000 fine

About $40.8m of the $50m in suspicious transactions related to deposits by two customers.

Disabled woman robbed of $10K by own caregiver in bank fraud

The victim's caregiver altered a withdrawal slip to remove money from woman's account.

Sharesies formally warned for anti-money laundering law failures

The investing platform is cooperating with the regulator to meet its legal obligations.