Nelson-based adviser Mark Sheehan has joined insurance broking and financial advice group Plus4.

Fidelity Life has appointed Brian Blake to its board of directors.

Growing complexity in risk management is set to be a major challenge for asset owners over the next 12 months, according to a survey by custodian BNP Paribas Securities Services.

Growth in retail funds under management was concentrated in KiwiSaver funds in the first quarter of this year, FundSource research shows.

ANZ is running a campaign to remind KiwiSaver members to contribute enough to get their $521 free from the Government.

BNZ has produced a “very strong” result in the six months to March 31, with net profit up almost 28% to $502 million for the period.

Chief executive Anthony Healy talks to TMM Online about BNZ's plans to return to the broker market after a 12-year absence.

ASB economists have changed their view on the OCR and gone from a 50:50 chance of an interest rate cut to predicting the Reserve Bank will cut the cash rate two times this year.

First NZ Capital securities has been publicly censured and fined $15,000 after trying to fix a trading error without notifying the NZX of the problem.

ANZ has continued to grow its market share in the home lending market in the six-months to March 31 and mortgage brokers are playing a big part in sales.