02 March 2026

Chance Voight

Background

In December 2025, the Financial Markets Authority (FMA) confirmed it was investigating Chance Voight Investment Corporation Limited and related entities and sought the appointment of interim liquidators over six associated companies. The High Court approved the application and appointed Malcolm Hollis, John Fisk, and Lara Bennett of PwC New Zealand as interim liquidators, effective 10 December 2025.

The Court initially imposed restrictions on the publication of its reasons for appointing interim liquidators. While some restrictions were later lifted, certain aspects of the decisions and related material remain subject to ongoing suppression orders. Copies of the Court’s decisions have been released in redacted form where suppression applies.

In parallel, the High Court granted interim asset preservation orders against Bernard Whimp and a subsidiary entity, Hanmer Equities Limited, to protect assets pending the outcome of the FMA’s investigation. The Court’s reasons for granting these orders remain subject to a publication prohibition.

In February 2026, the FMA asked the Court to schedule hearings to progress its substantive application to place the six Chance Voight companies into liquidation and to consider whether PwC’s interim liquidators’ report—currently suppressed—may be released. The Court scheduled a hearing on 3 March 2026 in the Christchurch High Court to determine whether the interim liquidators’ report may be published.

The Court has also set down a three-day hearing from 29 June to 1 July 2026 to determine the FMA’s substantive application to liquidate the six Chance Voight entities currently in interim liquidation.

The FMA has publicly cautioned investors to fully inform themselves before providing any further funds to Bernard Whimp or any Chance Voight–related person or entity. The investigation remains ongoing, with the FMA and the interim liquidators continuing to receive information from investors, creditors, and other parties.

For enquiries, investors and creditors have been directed to the interim liquidators via [email protected], while information relevant to the investigation may be provided directly to the FMA at [email protected].

Timeline

February 2026

The FMA asked the Court to schedule a hearing to determine its application to place the companies in liquidation. The FMA also asked the High Court to release of PwC’s interim liquidation report, which is currently subject to a suppression order.

The Court has scheduled a hearing on 3 March 2026 in the Christchurch High Court to hear the issue of whether or not the interim liquidators’ report to the court may be published. The Court has also now set down a three-day hearing from 29 June to 1 July 2026 to determine the FMA’s substantive application to liquidate the six Chance Voight companies in interim liquidation.

December 2025

The FMA recommended that investors in Rangiora-based investment company Chance Voight fully inform themselves before providing further funds to Bernard Whimp or any Chance Voight-related person or entity.

December 2025

The Court initially restricted publication of the reasons for its decision to appoint the interim liquidators, and then lifted restriction on publication, subject to continuing suppression of some parts of the decision.

December 2025

FMA confirmed it is investigating Christchurch-based Chance Voight Investment Corporation Limited (Chance Voight), its subsidiaries and persons and entities associated with the Chance Voight Group. The FMA sought appointment of interim liquidators over six Chance Voight entities, with the Court appointing Malcolm Hollis, John Fisk and Lara Bennett of PwC New Zealand as interim liquidators over the 6 entities with effect from 10 December 2025.

The High Court also granted an application by the FMA for interim asset preservation orders against Mr Whimp and a subsidiary of CVICL named Hanmer Equities Limited. The asset preservation orders were sought to protect assets pending the outcome of the FMA's ongoing investigation into Chance Voight. A copy of the asset preservation orders can be viewed here [3.6MB] (with certain matters that are suppressed blacked out). At this stage, a Court order prohibiting publication of the Court’s reasons for making the asset preservation orders remains in place.

Reporting information to the FMA

Investor or creditor queries should be referred to the interim liquidators by email to [email protected] or by phone to 03 374 3000.

The FMA’s investigation is ongoing and anyone with information can contact the FMA by email: [email protected] or by phone to 0800 434 566.