The Reserve Bank has kept the Official Cash Rate at its record low level and it will stay there for longer than previously forecast Here's why.

AMP's New Zealand financial services division noted an increase in income protection claims in the first six months of 2018 and a growing number of policy lapses, which weighed on earnings in the period.

Avanti Finance, the non-bank lender backed by Westpac, has made a number of changes to its home loan offering as it seeks to gain market share from New Zealand’s big banks.

One of the last comments made by an MP hearing submissions on the Financial Services Legislation Amendement Bill helps explain why we got the result we did this week when the bill was reported back to Parliament.

Long-time trustee services industry leader Bryan Ivamy has been named as the new General Manager of New Zealand Trustee Services (NZTS), responsible for the continuing growth of the business.

The Code Working Group is rejecting suggestions a change to the Financial Services Legislation Bill (FSLAB) will send it back to the drawing board.