Private credit is reshaping lending in New Zealand as more people turn away from banks who can’t and, in many cases, won’t offer mortgage flexibility.

Castlepoint turnaround taking longer than expected.

After a tough year for the non-bank sector, Basecorp Finance feels fortunate the volume of funds it has lent on mortgages dipped to only $1.1 billion from $1.2 billion in the previous year in the context of what the industry has done.

Auckland-based Apex Advice has acquired a well-established insurance advice business.

The NZ Super Fund has terminated a 13-year old mandate it had with Devon Funds.

Wellington-based LifeDirect expects to be writing $1 billion in mortgages every year by 2026 after the merger last month of majority shareholder Mark Solomon’s other businesses Loan Market Capital & Coast and Insurance Market into the parent company.

ASB Bank chief executive Vittoria Shortt shrugged off suggestions that her bank is making excess profits in New Zealand.

Young maths prodigy takes out actuarial award,

Fintech start-up Dosh is planning to launch a digital home loan offering soon and it will be one of the most disruptive of the major banks in 2025, Dosh co-founder Shane Marsh told parliament's finance and expenditure committee.

Trust Management, which provides financial services to charitable trusts and “for purpose” investors appoints new GM.

Treasury’s latest survey on insurance shows apartment and other multi-unit buildings (MUB) owners have borne the brunt of rising premiums.

Christchurch adviser Corey Williams has released a new book helping advisers and employers put group insurance schemes in place.

Geneva Finance's insurance subsidiary Quest Insurance been given a warning from the prudential regulator.