nib New Zealand said unusually high, industry-wide costs and claims inflation and slow economic growth had an impact on the health insurer’s first half profit.

In this graph we compare the standard home loan rates from the big four banks. You will see quite divergent pricing.

Andrew Bayly has resigned as Minister of Commerce and Consumer Affairs and ACC after an incident with a staff member which he describes as inappropriate.

Consilium has cracked through the $9 billion in funds under management (FUM) mark, cementing its position as one of New Zealand’s fastest-growing investment platforms.

Fidelity Life has appointed new members to its Adviser Council.

Annual consumer price inflation remains near the midpoint of the Monetary Policy Committee’s 1 to 3 percent target band. Firms’ inflation expectations are at target and core inflation continues to fall towards the target midpoint.

In a significant development aimed at providing a more holistic approach to financial services, Edge Mortgages has joined Link Advisory, which is part of Link Financial Group.

FMT strengthens its presence in the Auckland market with a new business development manager. 

Asteron Life has made some key changes to its board and leadership team following the recent acquisition by Resolution Life Australasia.