The liquidator of deregistered insurance advice firm Foundation Advice Ltd, estimates it owes around $8 million.

Well-known Chubb general manager - distribution, David Haak, is moving on.

Wealthy Auckland buyers who can afford $2 million plus houses have returned to the market in force.

ANZ has revealed who will replace Paul Huxford as its chief investment officer.

In a bit of a trend BNZ has followed ASB and launched some new high growth funds.

The Guardians of NZ Superannuation have appointed Paula Steed as acting chief executive until a permanent replacement for chief executive Matt Whineray is found.

Asteron has been named life insurance company of the year for the fourth time in 10 years.

The Reserve Bank left its official cash rate (OCR) unchanged at 5.5% and said “ a prolonged period of subdued activity is required to reduce inflationary pressure.”

The Reserve Bank has held the official cash rate at 5.50% but warns it could rise.

Sharesies has launched its KiwiSaver scheme to the general public having given access to its 31,000 wait-listed Sharesies members last week.