Morningstar has announced the winners of the Morningstar New Zealand Fund Manager of the Year Awards 2009.

Peter Huljich has stepped down as the managing director and chief investment officer at Huljich Wealth Management after a board review of the company's operations.

AMP Capital has taken out the Morningstar fund manager of the year award for the second year in a row.

Over 65s will be hit the hardest as health insurance premiums look to increase by around 12% with insurers feeling the impact of a reduction in claims paid by ACC .

Perpetual Trust holds the fate of Strategic Finance in its hands after receiving the beleaguered finance company’s best option on Friday.

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.