An ASB investment advisor alleged to have fleeced customers of millions of dollars is now the subject of a Serious Fraud Office inquiry.

Hanover Finance and its part-owner Mark Hotchin are taking a small investor to the High Court over $697.96 owed to the man's teenage daughter.

The number of people aged 65-plus is expected to double in the next 30 to 40 years.

The New Zealand dollar may keep rising this week after good jobs data from the US boosted confidence that the world's largest economy is recovering.