A tenant in New Zealand on a fixed term visa appears to have fled the country after setting fire to the house he was renting.

Other life and health insurers aren't rushing to join Fidelity Life in publishing their turnaround times, although Southern Cross says it may follow suit.

Following a management review Asteron has made a new appointment to oversea adviser distribution.

ANZ is still committed to offer loans through its branches although nearly two-thirds of its lending was originated by mortgage adviser channel in the most recent financial year.

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ANZ says it is still working with Mercer and Blackrock to see what expertise it can tap into.

Fisher Funds CEO Bruce McLachlan has announced he is retiring and is being replaced by an ex-banker.

Mortgage advisers are becoming increasingly dominant in originating home loans as the annual results of the country's largest bank, ANZ Bank New Zealand, demonstrate.

Lifetime Retirement Income has added another $285 million in funds under management.

In changes at Mint David Boyle has resigned and a new head of retail distribution has been added.

Christchurch-based Lifetime group has acquired an advisory firm specialising in employee benefits.

First home buyers bought 27% of houses sold over the third quarter of this year – a new record high.