KiwiSaver provisions better; IRESS announces launch of new adviser software; Massey University in final of Asia-Pacific Global Investment Research Challenge; Emerging markets the place to be: Goldman Henry; Fortress first-half profit down.

The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points to 2.50%.

The Institute of Financial Advisers (IFA) has launched a fund that will enable Christchurch advisers to provide free financial advice to earthquake affected residents which has already attracted $30,000.

[UPDATED] AMP financial services managing director Craig Meller has announced changes in roles as a result of the merger with AXA, to take place on March 31.

Former Mortgage and Insurance Express chief executive Andrew L'Almont will not be replaced, as Harcourts says the function he carried can be done within the wider Harcourts group.

AXA New Zealand CEO Ralph Stewart has announced he will step down from his role on March 30 following AXA's sale to AMP.

Nikko finalises Tyndall acquisition; Copper Rock rolls out new fund; Financial markets gain in February.

Former Nathans Finance director John Hotchin has been sentenced at the High Court to 11 months home detention, 200 hours of community service and payment of reparation of $200,000.