The Financial Markets Authority (FMA) says $150 million dollars have been returned to customers by banks and life insurers due to inadequate systems.

AMP Capital which was once one of New Zealand’s largest managers is about to essentially shut up shop.

Prospa's New Zealand team swells to 12 with the addition of a new business development manager.

Continued monetary tightening: The Monetary Policy Committee today increased the official cash rate (OCR) to 3.5% from 3.0%.

A fall of 4.1% in house values from July to the end of September ranks as one of the worst on record, CoreLogic data reveals.

While most employers are now convinced they must embrace hybrid work and provide real flexibility to their staff, many are still unsure about how to best support their employees in the new working landscape.

August lending numbers weakest for three years.

There has been an executive-level reshuffle at the funds management and KiwiSaver firm, Pie Funds.

There has been an executive-level reshuffle at the funds management and KiwiSaver firm, Pie Funds.

TSB has appointed a new director to its board, Melanie Templeton.

This material has been prepared and issued by First Sentier Investors (Australia) IM Ltd (ABN 89 114 194 311, AFSL 289017) (FSI AIM), which forms part of First Sentier Investors, a global asset management business. First Sentier Investors is ultimately owned by Mitsubishi UFJ Financial Group, Inc (MUFG), a global financial group.