A shrinking economy has prompted some economists to lower their OCR forecasts.

AIA funds drug trial for people suffering from type 2 diabetes.

Listed investment Marlin Global, managed by Fisher Funds, is a shareholder in newly-collapsed Signature Bank.

Fidelity Life has appointed former chief operating officer Ian Clancy as acting chief executive, replacing the departing Melissa Cantell.

Simplicity cuts KiwiSaver fees and complains other managers are charging too much.

The latest survey of banks has revealed a huge increase in profits across the sector, with the total passing the $7 billion mark.

The Financial Markets Authority has hired London-based Daniel Trinder as its new role of executive director of strategy and design.

The veteran mortgage broker John Bolton thinks Debt to Income (DTI) ratios for lending control are not such a bad thing after all.

An Auckland woman who took part in a multi-million-dollar mortgage fraud scheme with her husband and another couple was sentenced, last week, to 12 months home detention after pleading guilty.

Cigna New Zealand has changed its name to Chubb Life Insurance New Zealand and is now operating under the Chubb brand.

Fisher Funds has revealed its new investment management team post the takeover of KiwiWealth, but few of the KiwiWealth team have survived the merger.

After a year of garnering wholesale investor input and subsequent seeding, Kernel Wealth is launching one of the few Paris-aligned index funds available to Kiwi retail investors.