New Zealand’s health insurance industry grew at the fastest rate since 2001 over the past year, the Health Funds Association (HFANZ) says.

Harbour Asset Management has revealed a new executive director.

The $35 billion New Zealand Superannuation Fund has sold off $950 million of companies with high exposure to carbon emissions and fossil fuel reserves.

Dealer groups and adviser networks may opt for financial advice provider status (FAP) under the new legislation, but it is expected to be an easier transition for existing qualifying financial entities (QFEs).

ANZ has appointed a new director of debt capital markets.

nib is making an important change which may affect how your clients choose their healthcare providers.

A preliminary draft of the new code of conduct to cover all advisers is expected by next March or April, the working group developing it says.

In this latest episode of GRTV, Good Returns publisher Philip Macalister sat down with the chairman of the Code Working Group, Angus Dale-Jones, Dr. Philip M. Randall, managing partner of The Thorndyke Group and Partners Life chief executive Naomi Ballantyne.

What an interesting week it has been for ASB Bank. First up the bank cracked the $1 billion profit mark for the first time ever. While some people will look at this with opprobrium it's a credit to the bank especially considering how difficult the lending environment is at the moment.

The Reserve Bank has left the official cash rate at 1.75%, and says is it likely to stay there for "a considerable period". Here is what the governor, Graeme Wheeler said.