In this morning's OCR announcement the Reserve Bank said it has not plans to increase interest rates and also outlined what would need to happen for it to cut rates.

The OCR this morning has, as predicted stayed unchanged, and it will stay that way for sometime. However, Reserve Bank governor Graeme Wheeler also outlined what would need to happen for a rate cut to occur.

The Co-operative Bank has launched a sub-five percent interest rate, but don't expect to get any cash with it.

Insurers have a role to play in encouraging New Zealanders to be proactive about their physical and mental health, Sovereign’s chief officer of brand, innovation and marketing, Chris Lamers, says.

Mortgage Express has appointed Marcia Smythe as a mortgage adviser.

BNZ, Good Shepherd NZ, Ministry of Social Development and The Salvation Army have launched the second stage of their successful Community Finance initiative – the No Interest Loan Scheme (NILS).

The Reserve Bank has opened the market for variable annuity products which will help provide income to people in retirement.  The first product is likely to hit the market soon, once former AXA chief executive Ralph Stewart completes a round of capital raising for his new company.

Health insurance has funded a billion dollars in healthcare in the past year, according to statistics released by the Health Funds Association of New Zealand.

In this week's Getting to Know we meet Whakatane-based financial adviser Brent Sheather.

Consumers are being warned to make sure they know what they’re doing if they invest in bank capital notes.

Wealth Defender Equities has reached the minimum capital-raising target it sought under its initial public offer of shares and loyalty options.

Advisers are frustrated with having to cope with unacceptable delays in loan processing with lenders.