Sovereign has retained its A+ financial strength rating from international credit analyst firm A M Best for the second year in a row.

Nationwide

Moody's has announced ratings changes for Packaged Income Notes (PINs) 2005-1 and 2006-1, due to problems with the notes' managers.

PIS rolls up its sleeves; Record numbers using Sorted resources

The government has agreed to pressure from the life insurance industry to put off implementation of a new tax bill.

Money at Work looks at Meridian's Renewable Energy Notes, cutely called RENs.

Money at Work looks at Meridian's Renewable Energy Notes, cutely called RENs.

The Weekly Wrap sums up all the important news stories in the financial services industry.

New Zealanders are expecting to keep the money rolling in upon hitting their golden years, with a new quarterly survey finding most Kiwi investors plan to work well into their 60s.

Constant legislative changes to KiwiSaver are detracting from the original message behind the scheme of savings awareness and financial literacy.

Managed funds recorded a negative quarter in December across all sectors, with the exception of KiwiSaver.

Capital + Merchant Finance is shaping up to be one of the worst finance company collapses with the receivers saying investors are likely to get very little, if any of their money back.

Claire Matthews has been appointed leader of the Personal Financial Planning Diploma at Massy University.

Capital + Merchant Finance is shaping up to be one of the worst finance company collapses, with the receivers saying investors are likely to get very little, if any of their money back.

AIG Life is rolling out its new adviser remuneration package which includes loyalty benefits and takes it out of the commission wars.

AXA Global Investors, formerly Arcus Investment Management has made some responsibility changes from within its ranks, along with the name change (effective from today onwards).