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finance company failures

Details Of Finance Advisers Regulation Announced

Details Of Finance Advisers Regulation Announced
Wellington, Feb 26 NZPA - Final decisions on the details of regulation of financial advisers have been released by Commerce Minister Simon Power.

Commerce Committee Inquiry Woolly Says Law Firm

Wellington, Aug 26 NZPA - The inquiry into finance company failures by Parliament's commerce select committee is woolly in its thinking and populist while missing areas of significance.

Simon Power Announces Measures Aimed At Protecting Investors

Simon Power Announces Measures Aimed At Protecting Investors
Wellington, Aug 26 NZPA - The Government is introducing measures to ensure trustees are qualified to do the job and have the right systems to protect investors, after a string of finance company failures.

Commerce Committee To Hold Inquiry Into Finance Company Failures

Commerce Committee To Hold Inquiry Into Finance Company Failures
Wellington, Aug 20 NZPA - Parliament's commerce select committee will hold an inquiry into finance company failures, committee chairwoman Lianne Dalziel announced today.

Commerce Committee To Hold Inquiry Into Finance Company Failures

Commerce Committee To Hold Inquiry Into Finance Company Failures
Wellington, Aug 20 NZPA - Parliament's commerce select committee will hold an inquiry into finance company failures, committee chairwoman Lianne Dalziel announced today.

Securities Commission Couldn't Prevent Failures - Chairwoman

Securities Commission Couldn't Prevent Failures - Chairwoman
Wellington, Aug 13 NZPA - Securities Commission chairwoman Jane Diplock said the organisation could not have prevented a series of finance company failures and it was not its job to do that.

Integrity Increasingly Important In Perception Of Brands, Trust

Wellington, June 23 NZPA - Some of the nation's biggest advertisers are well down the latest list of "trusted brands" compiled in an annual survey of New Zealand consumers.

Role Of Trustees In Finance Company Failure To Be Reviewed

Role Of Trustees In Finance Company Failure To Be Reviewed
Wellington, March 25 NZPA - The role corporate trustees played in finance company failures is to be addressed as part of a "significant review" of the Securities Act, Commerce Minister Simon Power said today.

Marac Finance Profit Up, But Says `Impaired Assets' Over 11pc

Wellington, Aug 26 NZPA - Pyne Gould Corporation (PGC) finance company Marac Finance Ltd says its net operating income rose 17 percent to $70.2m in the year to June 30. It today posted a net profit after tax of $25.9m, an increase of 5 percent.

Marac Finance Profit Up, But Says `Impaired Assets' Over 11pc

Wellington, Aug 26 NZPA - Pyne Gould Corporation (PGC) finance company Marac Finance Ltd says its net operating income rose 17 percent to $70.2m in the year to June 30. It today posted a net profit after tax of $25.9m, an increase of 5 percent.

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