The chairman of the Guardians of the NZ Superannuation fund, David May, has been succeeded by a man with considerable funds management experience.

One of the stories I found most interesting this week was contained in Morningstar's new report on tax rates in KiwiSaver funds.

News that Westpac has cut its long-term fixed rate home loans to sub-6% levels could well open up a new battle in the mortgage wars.

AM Best’s rating on Kiwibank’s insurance business shows the strength of the risk bank’s business and distribution.

Credit Union North has been placed on a negative outlook by Standard and Poors' due to "heightened business profile concerns".

Kiwibank-owned Gareth Morgan Investments has added a fixed income strategist to its team.

F&P Finance could be on the block; Powerco bonds to repaid; Inflation-linked bonds coming shortly; GFNZ rights issue on again.

OnePath loses business development manager.

Standard and Poors' has said it may increase Fisher and Paykel Finance's rating if Haier is successful in its takeover of the parent company.

The Reserve Bank has kept its official cash rate at 2.50% and says little has changed since its previous Monetary Policy Statement in June.