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Featured case studies
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Tractor sold with money owing on it, leads to lender seeking debt recovery from seller and buyer
MORE >: Tractor sold with money owing on it, leads to lender seeking debt recovery from seller and buyerLeighton sold a tractor that he owed money on. The lender then sought to recover the debt from Leighton and the new owner.
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When trust costs are questioned: trustee fees, repairs and an overdraft
MORE >: When trust costs are questioned: trustee fees, repairs and an overdraft -
KiwiSaver withdrawals are strictly limited
MORE >: KiwiSaver withdrawals are strictly limitedKiwiSaver rules are strict. Some withdrawal applications can make good sense to alleviate long-term hardship, but they may not be permitted under the legislation.
Latest news
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Financial Ombudsman Service sees 41% increase in financial disputes
MORE >: Financial Ombudsman Service sees 41% increase in financial disputesComplaints are leading to a spike in financial disputes, reports Financial Services Complaints Limited (FSCL). The Financial Ombudsman Service reports a 41% increase in disputes in the first half of the reporting year. A total of 235 disputes were opened between July and December, up from 167 in the same period the year prior.
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FSCL welcomes new Board member, Kate Tokeley
MORE >: FSCL welcomes new Board member, Kate TokeleyKate Tokeley has been appointed to the FSCL Board as a consumer director.
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Festive fun without financial fallout – card safety tips from Financial Ombudsman
MORE >: Festive fun without financial fallout – card safety tips from Financial OmbudsmanA New Zealand couple’s Miami getaway turned into a financial hangover when a day club overcharged them US$4,500, after they handed their non-bank credit card to the bar for a drinks tab while entertaining friends.
