Southern Cross is the latest insurer to be pinged by the Financial Markets Authority for not correctly applying discounts to clients.

Experienced director and chief executive Jennah Wootten has joined the board of Perpetual Guardian Group.

Aggregation business, Finsure Group, has rejected claims by the Commerce Commission that advisers are at risk of being influenced by their own financial interests when providing advice.

Well-known life insurance industry figure Peter Mensah is the new North Island regional manager at Chubb Life.

Australian-based investment manager Maple-Brown Abbott, which is represented by Heathcote Partners in New Zealand, has appointed Sophie Metcalfe as business development manager.

The Commerce Commission says mortgage advisers are at risk of being “unduly influenced by their own financial interests” when providing advice.

New Whakamātūtū Wellington Depression Recovery Centre gets financial boost from Partners Life.

A year ago, NZHL finalised the investment in LFG, forming the NZHL Group. The aim was to provide advisers and clients with the best possible options and leverage the collective strength of the group - regardless of whether the adviser is using a full support model or a non-branded adviser-led model.

A cost benefit analysis of debt-to-income restrictions needs to be done before they go any further, BusinessNZ says.

Tony Arthur has been appointed as new executive manager life distribution at Asteron Life.