Mercer's acting CIO becomes a permanent fixture along with promotion to partner.

The insurer achieved a $15 million increase on the preceding period.

HSBC has launched a 1.99% mortgage rate for 12 and 18-month fixed home loans, one of the cheapest ever offered in New Zealand.

The Reserve Bank has imposed strict new LVR requirements on investor lending, but advisers say other measures may have been more appropriate to help first home buyers.

The PAA Legacy Trust has launched a new website with the aim of transparency and attracting applications to its grants, says independent chair and trustee Trevor Slater.

Investors will need a 40% deposit to get a mortgage under new rules to be enforced by the Reserve Bank of New Zealand.

A new survey reports small and medium sized businesses are finding it increasingly difficult to get financing from traditional lending sources.

ASB says investor confidence in property has improved but not as much as expected.

A well-established investment fund is being brought to New Zealand in an ETF format by Apostle Funds Management.

ASB is the latest big four lender to introduce strict LVR requirements for investors, following ANZ and BNZ in tightening the rules.

The Financial Services Council has appointed a new head of memberships and partnerships.

The Financial Markets Authority says its guidance on KiwiSaver fees “was never intended to prohibit or proscribe fee level”.

The global reverse mortgage market is set to increase threefold in the next decade, according to new research from advisory firm EY.