AIA has launched an agency sales team of 16 advisers, which can speak nine Asian languages and Arabic, to target specialised markets.

Advisers are so worried about breaking the rules that it is an impediment to customers accessing advice, says the former general manager of the PAA.

Borrower’s other debt, not just their home loan, may be countered in the loan amount when banks calculate their LVR numbers for the Reserve Bank’s speed limits.

The falling numbers of people with health insurance present an opportunity in the market nib chief executive Rob Hennin says.

Health insurers paid out a record amount in the June quarter, despite the declining number of people with insurance.

BNZ KiwiSaver Scheme has reached $100 million funds under management, just over six months following its launch in February this year.

Latest data from New Zealand’s leading credit bureau shows house-buyers 28 years old and under are enquiring for mortgages at rates not seen in the last seven years.