RESIMAC has launched a direct offering to retail borrowers to build the company's brand and reach parts of the market it isn't represented in. RESIMAC general manager Adrienne Church answers some of the questions she is receiving from brokers.

Although the Reserve Bank cut the official cash rate to a historical low of 1.75% none of the banks have passed on any of this decrease to customers.

Kiwis are open to the idea of a roboadviser helping them manage their finances but still want real people available for some decisions, a new survey commissioned by Kiwi Wealth shows.

Non-bank deposit taker Liberty Financial has had its credit rating raised by Standard & Poors.

The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 1.75%.

Sovereign has appointed Patrice de Marigny as chief distribution officer.

Changes to law and technology pose a substantial threat to traditional risk insurance advisers - an effective response mean embracing substantial, rapid and sometimes difficult change, writes lawyer Simon Papa, who was formerly a senior solicitor at the FMA.

As part of its efforts to raise tier two capital in line with capital requirements, ASB is offering $250 million in subordinated unsecured convertible notes.

Westpac says it has been focusing on quality, rather than quantity, of lending over the past year.

nib has appointed barrister Hanne Janes to its board.