Asteron Life's claims team were awarded a highly commended in the team of the year category at the Financial Services Council (FSC) Awards this week.

Most investors will be familiar with the concept of diversification both between asset classes and among securities within each asset class as the primary way to manage investment risk.

The National Party says if it is elected it will allow KiwiSaver members to split their savings amongst multiple providers.

The Monetary Policy Committee today agreed to maintain the Official Cash Rate (OCR) at 5.50%.

The Stats NZ quarterly Household Expectations Survey showing predicted CPI inflation of 6% in 12 months down to 3.3% in two years is expected to be highlighted in today’s Monetary Policy Statement.

Direct to consumer life insurance platform, Life Direct, signs a deal with NZ Cricket.

MFS Investment Management has appointed a new director and head of Australia and New Zealand.

Mint Asset Management’s Australasian equities team has been boosted by Tom Deacon, who is joining the company as a senior investment analyst.

ANZ links up with Mercer and Blackrock to grow its business and announces its chief investment officer is leaving.

Over the past year or so, house prices in most parts of New Zealand have come back a bit, probably as a result of the relatively rapid rise in mortgage interest rates.