The Financial Services Council's controversial report into life insurance has claimed another scalp with AIA joining Partners Life in resigning its membership.

David Scobie, a senior consultant at Mercer, questions what part income funds should play in investor portfolios.

Partners Life has quit the Financial Services Council (FSC) following a report they say lacked impartiality and was bias against registered financial advisers.

Pathfinder has hired a new analyst.

AIA and Asteron now offer policy wordings that mean income protection clients who get a large pay rise no longer find themselves disadvantaged if they claim shortly afterwards.

Hanover investors will see the first repayment of their money since 2009 this month.

nib has today inked a deal to provide health insurance through the Warehouse's new financial services offering.

Fewer people expect house prices to rise, ASB's latest survey shows.

The Financial Markets Authority has nabbed an executive from the NZ Super Fund to head up its external communications and investor resources.