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.

Booster's chief investment officer David Beattie says his role is changing, but he’s not leaving the business.

Key backers of platform technology firm FNZ are reportedly selling their stakes in the business.

Fund manager Milford Funds has clocked up almost a third more in management fee income in the most recent financial year than in the 12 months previous.