The Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent.

The latest board member to join the board of NZ Superannuation's management board has experience with AMP, BT/Westpac and Fisher Funds.

Although the official cash rate (OCR) is expected to rise by 25 basis points to 5 per cent on Wednesday some economists see it staying at that level for a year, meaning the possible end of the tightening cycles.

Property manager PMG starts capital raise to reduce debt in its flagship fund.

The Reserve Bank’s monetary policy tightening is starting to get traction, says Sharon Zollner, ANZ Bank chief economist.

CoreLogic and Pepper Money sign five-year trans-Tasman partnership.

Filling the adviser gap created by new licensing laws.

Q Group gets a new owner.

The Financial Services Federation is extend membership to New Zealand’s responsible broker and adviser community.

AIA says it has enhanced its extended claim recovery programme to help people get back to the normalcy of pre-claim life through a range of support options.