Allied Nationwide, which acquired the Hanover and United loan book last year is unable to accept deposits until it gets a credit rating.

New AIA CEO named; Super fund makes a loss in January; Guide for disclosure of credit ratings.

AIA has appointed a new chief executive to replace David Pierce who left last year.

Standard and Poor's has given a rating to Vision Securities and decided to put it into the high risk category.

AMP is taking a different approach to many of its competitors ahead of a wave of expected premium price hikes.

The flurry of credit ratings for finance companies continues with Standard & Poor's giving a BB- rating to Broadlands Finance.

Generation Y (ages 17-28) is not a new consumer group. In fact, they are the most marketed-to generation in history. They have money, and they are getting more powerful and influential each year. These four steps will help you identify what is important to your prospective Gen Y clients.

Floating rates continued their fall this week with PSIS being the first non-bank lender to reduce its floating rate this year, cutting it by 20 basis points from 5.95% to 5.75% along with its revolving credit rate. The median floating rate for non-bank lenders is 6.45% which is a significant 70 basis points higher. PSIS also dropped its discounted floating rate by 20 basis points from 5.45% to 5.25%.

Morningstar questioned the performance of Huljich Wealth Management in its latest survey of KiwiSaver funds, saying the provider wouldn’t have posted as strong returns without extra payments from the owner.