Treasury wanted a reallocation of KiwiSaver default members so that each default scheme had a similar number of members, a regulatory impact statement shows.

The NZ Super Fund has scored well in a report looking at its approach to responsible investment across its $47 billion portfolio.

Asteron Life has claimed a win in a long-running legal battle with Dunedin insurance broker Peter Taylor.

ANZ New Zealand has ring-fenced a further $79 million for impaired loans as the nation's biggest lender deals with the fallout from the pandemic. 

BNZ economists have joined the other big four banks in predicting the Reserve Bank will adopt a negative official cash rate.

Mike Pero Mortgages has made a series of new hires across the country.

A new investment platform preparing for launch this year will offer a white-label version for advisers to use with their clients.

ASB and ANZ have revised their forecast for the official cash rate and predict we will get negative rates next year. 

Most New Zealand businesses will be affected by the current increased alert levels, Forsyth Barr says, but the extent of the impact varies.

The Reserve Bank has confirmed the mortgage deferral scheme will be extended until March next year following the second lockdown in Auckland. 

Never fear property buyers and sellers - alert level three is still workable for the Auckland real estate market, according to Century 21 owner Derryn Mayne.

As the nation faces the prospect of high unemployment levels and vast economic uncertainty, New Zealand’s leading insurance broker Aon is partnering with the country’s largest provider of digital Wills, Footprint to put a stake in the ground for Kiwis.