Weak business and consumer confidence will see the Reserve Bank slash the Official Cash Rate to 0.5% by February, according to economists at ASB Bank.

Fund manager Generate has beefed up its investment management team as it prepares to launch a new fund.

Generate is no longer just a KiwiSaver manager as it has now opened a new fund.

Fidelity Life has now paid out more than $1 billion in claims, and chief executive Nadine Tereora says it’s something to celebrate.

Life insurance price comparison site Quotemonster is tightening up access to its service in reaction to new licensing regime.

Trustees Executors strengthens its board with three new directors to support future growth strategy.

New Zealand retirees are increasingly turning to reverse mortgage options, according to Heartland Bank, after the lender's New Zealand reverse mortgage book grew by 11.4%.

Avanti is the latest non-bank to cut mortgage rates for borrowers, as prices continue to drop across the market.

Liquidators for financial adviser Barry Kloogh’s companies are considering whether the rights to his trail commissions could be sold to help recover money for creditors.

Milford Asset Management received the top award at this year’s Zenith FundSource Awards, something its chief executive says is recognition of its approach paying off for clients.

Asteron Life says it wants to help advisers take advantage of changes happening in the insurance industry.

Activity in New Zealand’s fintech sector has reached a plateau but the depth of what is being developed continues to grow, says the founder of the annual Finnotec conference.