Tower has done a u-turn and sold its remaining life business, to Foundation Life in a deal worth $36 million.

Sharebrokers Craig’s Investment Partners is setting up a standalone fund managers which will be run by two highly-regarded investment managers.

In Mortgage Rates Radio this week Philip Macalister looks at which lenders have dropped rates and shares some free advice from a leading economist on what the best options are at the moment.

TNP and Ginger Group have now merged and plan to become the next generation of dealer groups.

Central banks could continue pumping money into the economy for a further two decades, inflation is set to pick up in New Zealand and it’s still too early to re-enter emerging markets.

Chris Douglas, Australasia Co-Head of Fund Research at Morningstar, has been promoted to a new role leading the company’s American regional data team.

Accuro's chairman, Jane Bawden, says the government should develop a KiwiSaver-style scheme for health insurance.

Convicted Ponzi-scheme operator David Ross must sevre his minimum non-parole period of five years and five months, the Court of Appeal has ruled.

Kiwi Property Management, manager of Kiwi Income Property Trust, is considering offering up to $100 million of fixed rate senior secured bonds, with the ability to accept up to $25 million in oversubscriptions.