TSB Bank has revealed it has lent $50 million in peer-to-peer loans via Harmoney.

TSB Bank's annual profit fell by 25% in the 12 months to March 31. The company  increases mobile mortgage managers and the use of mortgage advisers as it tries to grow its share of business in the "golden triangle” area of Auckland, Hamilton and Tauranga.

The Financial Services Council has announced that insurer AIA has rejoined its ranks.

High Court rules in favour of FMA, but firm still boasts New Zealand registration on its website. 

KiwiSaver members who received engaging communication about making a fund choice are more likley to switch out of default funds, new research has found.

A new board member has been appointed to Saturn Invest NZ, the licensed manager of the Portfolio Superannuation Scheme.

AIA’s New Zealand chief executive Graeme Edwards said New Zealand is not affected by a decision in Australia to pilot a new health insurance brand.

More than 50,000 of ANZ’s KiwiSaver members will receive an additional member tax credit due to processing errors amounting to about $2 million.

UDC Finance says its half-year profit of $30.2 million positions it well for new ownership.

Aaron Jenkins has resigned from his role as head of funds management at NZX.