Three years into his insurance tenure, chief executive of AIA New Zealand, Wayne Besant, talks candidly about the cycle of under-insurance that plagues the industry and how to break it.

A Government decision not to introduce a “life stages” approach for KiwiSaver default investment funds has been criticised by the industry.

KiwiSaver default providers will be forced to offer investment education and impartial financial advice, the Government has announced today.

OnePath has created two new roles and has also announced that Jeremy Nicol is leaving the business.

It is too easy for people to invest badly but the introduction of a mandatory retirement savings scheme could be a way to solve the problem, says economist Andrew Coleman.

Patrick Diack, the man who got into trouble for offering people cash to sign up to KiwiSaver, now says he’s been left with nothing after a legal battle with his brother.

Non-bank lender RESIMAC is restricting its low equity lending to brokers who meet certain standards and it has also made some changes to its pricing 

New Zealand First wants to offer pensioners a 25% rebate on the cost of their health insurance.