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.

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.