ANZ New Zealand profits took a 27% hit in the year to September after taking a $401 million write-down on loans.

Fidelity Life appoints new CEO from large international insurer.

Advisers say there are signs that lenders are becoming more receptive to high LVR first home buyer deals, as FHBs remain active in the post-Covid market. 

A supply and demand imbalance together with improved housing stock mean Dunedin’s values are on the rise, writes Joanna Jefferies.

A supply and demand imbalance together with improved housing stock mean Dunedin’s values are on the rise, writes Joanna Jefferies.

New research commissioned by Mindful Money and RIAA shows that 58% of New Zealanders would consider switching their investments to another provider if their current fund was inconsistent with their values.

With the Reserve Bank poised to offer more support to the economy, ASB economists predict home loan rates will plummet further into the new year.

Fidelity Life chairman Brian Blake says the government has missed an opportunity to force down commissions on life insurance policies.

Asset management firm Northern Trust will take over ANZ’s $5 billion passive investment suite from outgoing Vanguard Group.

Newpark Home Loans has signed a formal partnership with Strategi to prepare its advisers for the new regulatory licensing regime. 

Mortgage lending hit $7.3 billion in September, the highest value on record, according to the latest Reserve Bank data, as the market continues to defy expectations. 

Dodgy joints are once again at the top of claims table, according to a recent release by Southern Cross Health Insurance.

More investors are seeking advice as the property market heats up, according to a new survey.