More education is needed to help New Zealanders achieve a comfortable retirement and keep their money going once they get there, KiwiSaver provider Mercer says.

Young people are more likely to decide they need life insurance than older generations, a study by Australian insurer TAL has found.

Chris Locke has joined Camelot’s Wellington office.

Wellington investment company Rangatira’s chief executive, Ian Frame, is to retire at the end of June this year.

Drew Hoffman has been appointed to the Newton Ross team in Auckland, where he will work as a senior adviser.

New Zealand’s newest bank is tospend almost $90 million buying a reverse mortgage business.

New Zealand’s banking sector is still at risk from rising house prices, rating agency Standard and Poor’s says.

Westpac appointed a director of third party banking who will take over running the bank's broker unit which was formerly headed by David Gopperth.