The Reserve Bank, in its latest Financial Stability Report, there are some risks in the non-bank deposit taking sector that people need to be aware of. This include asset concentration, contagion risk and institutions’ exposure to short-term rates.

The Reserve Bank, in its latest Financial Stability Report, there are some risks in the non-bank deposit taking sector that people need to be aware of. This include asset concentration, contagion risk and institutions’ exposure to short-term rates.

Tower is now offering policyholders the option of buying back 100% of the value of their trauma insurance after they have made a full trauma claim.

People who have a revolving credit mortgage associated with a trust may be facing trouble.

Hanover’s first foray into funds management has been unsuccessful, partly due to problems with its advertising.

Dunedin-based meat co-operative PPCS has confirmed it will seek to raise up to $75 million in four year fixed rate secured bonds.

Home loan rates have started rising again this week as higher wholesale funding costs feed through into the market.