Partners Life has increased its reinsurance capacity with the addition of two new partners to its treaty with French company SCOR. The two new funders are Warren Buffett's Berkshire Hathaway and reinsurer PartnerRe. Here is the statement from Partners Life.

Non-bank lender RESIMAC Home Loans has increased its longer term fixed rates and changed introduced new pricing tiers for its high LVR lending.

The Financial Advisers Disciplinary Committee is due to hear its first two cases today. The hearings are open to the public and we will be reporting on the hearings during the day.

Two banks sign up to the government's RealMe service which aims to help issues with customers' identity verification.

Fidelity Life has completed the purchase of the in-force life insurance business of Tower Health & Life and the group risk business of Tower Life for a total consideration of around $145 million.

AMP has been given the sign-off to combine its two KiwiSaver schemes.

If banks did not offer personal insurance products to their customers, they would not be providing a full level of service, says the chief executive of the Bankers Association. But there are concerns that some staff are not being adequately trained.

Lawyer David Ireland has been reappointed to the chairmanship of the Code Committee which is about to embark on making some changes to the code.

[VIDEO] The New Zealand share market has been a good place for investors to earn income in the past year, but things are changing.

LDC Finance investors will receive their full capital investment back, plus a partial interest distribution.