The Banking Ombudsman has announced a number of mortgage lenders have joined the scheme including Canterbury Building Society, Southern Cross Building Society and Credit Union South.

The office of the Banking Ombudsman has announced the appointment of Nicola Sladden as deputy ombudsman.

Tower Investments has announced a number of new investment manager appointments, combining internal promotions and external appointments.

Keith Taylor has been elected as a director to the Board of Southern Cross Medical Care Society.

AMP New Zealand managing director Jack Regan says people need to think of the company’s proposed takeover of AXA as the creation of a new business, rather than one company subsuming a rival.

First NZ Capital Investment Management (FNZC) has decided to exit the KiwiSaver market and transfer its business to Fisher Funds.

Lead partner of PriceWaterhouseCooper's (PwC's) Financial Services practice Paul Mersi is leaving the company at the end of December.

AXA Global Investors has appointed Jason Wong will as its head of investment strategy and he will start on Wednesday.

Allied Farmers has confirmed that a short time after its acquisition of Hanover assets it became concerned about certain Hanover conduct prior to the purchase, and immediately raised those concerns with regulators.

The Serious Fraud Office has launched an active investigation into Hanover Finance, after preliminary enquiries found reasonable grounds to "believe that fraud had been committed."

Equitable brings curtain down; Adviser regulation date this week; Increased support for responsible investment; Newpark launches investment services for RFAs.