Latest from Investment Companies
Legal hell in Fiji paradise
For the 240 investors in Fiji's Denarau Hilton, the past 18 months have been anything but paradise.
Jumping gun on super regulator
Rules governing the new super regulator may have to be changed soon after it is established.
SFO launch new Blue Chip probe
The Serious Fraud Office is probing a Blue Chip franchise in the South Island.
<i>Inside Money: </i> Why politicians are disgusted with advisers
New financial advisers rules won't stop the world turning to custard.
Investor backs 'genius' Hubbard
Allan Hubbard is a genius, says one investor who says she has doubled her money in 12 years.
Hubbard supporters push bandwagon on to internet
Thousands of people using the internet to their support for embattled Timaru businessman Allan Hubbard.
Finance frontman Arkinstall resigns
Investment Savings and Insurance Association frontman Vance Arkinstall has resigned as he faces charges for his part in allegedly misleading investors in a failed finance firm.
Mutual Finance in receivership - Govt guarantee covers $8m
Mutual Finance has become the latest firm to fall into receivership, with $8 million of deposits covered by the retail deposit guarantee scheme.
Finance company director Braithwaite admits case to answer
National Finance 2000 director Carol Braithwaite conceded in court this morning she had a case to answer.
Another Hubbard firm frozen
A ninth company associated with South Island businessman Allan Hubbard has been added to those under statutory management.
Hubbard investors won't get money back any time soon
Allan Hubbard's statutory manager has released its first report, showing investors shouldn't expect any money back any time soon.
Bryers' ban 'far too short'
If they had their way, authorities say they'd ban disgraced Blue Chip boss Mark Bryers for ten, not five years.
Former Rabobank executive to run South Canterbury Finance's 'good bank'
South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank".
Finance body boss to learn fate in next few days
The head of a major financial industry body facing criminal charges for his part in allegedly misleading investors in a failed finance company may lose his position.
Finance company directors swear they will defend charges
Terry Butler says he and the five other directors of Dominion Finance Group and North South Finance will "strenuously" defend Securities Commission charges.
Dominion, North South Finance directors charged
The Securities Commission has pressed charges against directors of Dominion Finance and North South Finance over allegedly misleading offer documents.