AIA is unlikely to have to pay out many claims that reach the full extent of its new $500,000 medical cover.

FMA is close to finishing its investigation into two advisers.

Morningstar has appointed Carolyn Holmes as director of equity research for Australia and New Zealand.

NZ Super Fund’s tilting investment strategy has been the main contributor to it beating the market.

More than 460 customers have used Asteron Life’s new online LifeSnap tool in its first month of operation.

An overweight stance on global equities that was largely in place since September 2011 has been reduced to neutral by Nikko Asset Management’s Global Investment Committee (GIC) as the committee members were less optimistic about the outlook of corporate earnings and share prices in the United States, according to the company’s latest house view.

AIA has signalled its growth intentions with enhancements to its personal product range, and launching with a new health product that lifts medical cover to $500,000, with a discount regime to make their insurance products more affordable for customers.

Almost 80% of retirees say New Zealand Superannuation is insufficient for a comfortable retirement, new research shows.

AMP is calling for the one million New Zealanders who have stopped contributing to KiwiSaver on a regular basis to consider reinstating regular contributions in order to save for their retirement.