Mortgage arrears were up slightly in May, with 22,000 home loans now past due - up 12% year-on-year and a return to 2019 pre-pandemic levels, the latest figures from credit bureau Centrix show.

Perpetual Guardian recently acquired boutique fund manager Castle Point. Good Returns catches up with Perpetual Guardian's chief investment officer, Tim Chesterfield, to find out what, if anything, will change.

May lending on housing stock rose by the most it has in two years.

Nikko AM targets KiwiSaver growth with key hire to help drive new multi-manager GoalsGetter scheme.

Resimac New Zealand’s biggest writer, Jeff Royle, says the lender had great products but was trying to act like a bank.

The Financial Advice Code Committee is proposing changes to the standards of competence, knowledge, and skill in the Financial Advice Code.

Small business lender Bizcap has cracked the $1 billion mark and rolled out a line of credit product.

Despite the heavy hand of the RBNZ continuing to hurt households and businesses, New Zealand’s smallest main bank is confident interest rates will move downward as soon as November.

Fidelity Life has introduced significant enhancements to its Monthly mortgage repayment cover and Mortgage Protection Cover, in direct response to feedback from advisers.

AMP Wealth Management NZ is the first of New Zealand’s large, non-bank KiwiSaver provider to offer term deposits.

Resimac is closing down its New Zealand home loans business.