Partners Life has achieved its biggest milestone since the business started nine years ago - the acquisition of BNZ Life.

Focusing on growth in the adviser market, Cigna New Zealand has announced its expansion across the country with several key appointments.

Non-bank lenders are on course to grow market share in mortgage and business lending, according to KPMG head of banking John Kensington. 

Advisers have responded to ANZ's move to raise deposit requirements for investors. Here's what the industry said: 

MMC today announced their plans to launch a new service offering, MMC Digital & Insights.

ANZ New Zealand has lifted its deposit requirement for residential property investors to 40%, marking a major change in the lending market.

Economists at Kiwibank say DTIs and LVR restrictions will have a "near-term" impact on housing demand, but argue supply-side changes are the key to fixing the housing crisis. 

Mortgage Express has appointed Michael Chen as a mortgage adviser in Hamilton.

A financial adviser with 35 years' experience appeared before the Financial Advisers Disciplinary Committee in Wellington last week, facing allegations she didn’t understand her profession’s legislation and code.

Reserve Bank governor Adrian Orr has asked Finance Minister Grant Robertson to add debt-to-income ratios to its macro-prudential toolkit, as it responds to government pressure on house prices.

Banks will be more willing to lend to businesses in the new year, driving New Zealand's economic recovery, according to economist Tony Alexander.