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Last AM Update for the year
Mortgage Rates Commentary

Last AM Update for the year

Sat, Dec 21st 2024 06:00AM

[UPDATED] Despite a warning InvestNow is alleged to have beached AML laws

[UPDATED] Despite a warning InvestNow is alleged to have beached AML laws

3 min read
Craigs sells half stake to US private equity firm

Craigs sells half stake to US private equity firm

2 min read
The good guys get told off

The good guys get told off

3 min read

DTIs will start affecting borrowers by the middle of 2025

1 min read
DTIs will start affecting borrowers by the middle of 2025
DTIs will start affecting borrowers by the middle of next year

Debt-to-income (DTI) rules are not far off playing a bigger part in the mortgage market.

5 min read
DTIs will start affecting borrowers by the middle of next year
Lower mortgage rates not a one way street; CFML rates change

1 min read
Lower mortgage rates not a one way street; CFML rates change
Mortgage borrowers better off; Advice Link gears up for growth

1 min read
Mortgage borrowers better off; Advice Link gears up for growth
New clients demonstrate strong confidence in NZX wealth technologies

NZX Wealth Technologies celebrates strong growth with new client onboardings and expanding pipeline.

3 min read
New clients demonstrate strong confidence in NZX wealth technologies
Advice Link gears up for growth

Advice Link has appointed an experienced general manager to spearhead growth in the adviser sector.

2 min read
Advice Link gears up for growth
New sandbox for fintechs to play in

The FMA is launching a pilot “regulatory sandbox” to help fintechs test new products.

2 min read
New sandbox for fintechs to play in
Partners exits Adviser Support Programme

Partners Life has moved its Adviser Support Programme to a third party compliance provider.

2 min read
Partners exits Adviser Support Programme
Resolution Life swallowed up by Nippon Life; What does it mean for the Asteron sale?

Japanese-based Nippon Life is planning to acquire Resolution Life which includes the Australasian operations. What does this mean for Asteron Life?

2 min read
Resolution Life swallowed up by Nippon Life; What does it mean for the Asteron sale?
Meaningful difference seen as coming from Kiwibank’s capital raise; Profit for specialist lenders falls again

1 min read
Meaningful difference seen as coming from Kiwibank’s capital raise; Profit for specialist lenders falls again
Life Insurer of the Year Achieves 97% claims payout rate

Asteron Life’s latest claims data reveals a 97% payout rate for Trauma, Life, and Income Protection claims received from July 1, 2023, to June 30, 2024, with over 95% acceptance rates in each category. The insurer paid out a total of $112 million, including $53.5 million in Life insurance, $34.1 million in Trauma cover, and $24.4 million in Monthly Income Protection claims.

2 min read
Life Insurer of the Year Achieves 97% claims payout rate
Partners nabs CFO from competitor

Partners Life's new chief financial officer says he's "admired Partners Life as a competitor for many years"; now he is joining the team.

2 min read
Partners nabs CFO from competitor
A big day for banking

1 min read
A big day for banking
Huge pile of mortgage money on short terms as borrowers wait for interest rate drops; SBS and Kiwibank rates change

1 min read
Huge pile of mortgage money on short terms as borrowers wait for interest rate drops; SBS and Kiwibank rates change
ANZ gets new CEO

ANZ Group has announced its long-serving chief executive, Shayne Elliott, will retire and be replaced by international banking executive Nuno Matos.

2 min read
ANZ gets new CEO
[TMM] Your Weekend Read

1 min read
[TMM] Your Weekend Read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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