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.

British currency volatility is leading to a slowdown in interest in pension transfers to New Zealand, as the Government clears the way for providers to continue to operate under the Financial Markets Conduct Act.

RESIMAC's first white label home loan product has been launched with around 50 new advisers now accredited to write business for the company.

Some advisers may have to redo their clients’ retirement calculations if a proposed change to the entitlement rules for NZ Super goes through.

New Zealand Post has confirmed the sale of Kiwibank’s holding company Kiwi Group Holdings Limited to the NZ Super Fund and ACC.

Fisher Funds founder Carmel Fisher is to stand down from her role as managing director of the firm, seeking more work-life balance.