The Reserve Bank has decided to cut the Official Cash Rate by 25 basis points to 5.25%.

Yesterday was a day of big promises, or expectations, for two "new" financial services companies.

As tipped by Good Returns last week the potential buyer of Lumley's life insurance business has been named today.

NZ Investment Year Book out now, New Jobline service, former directors cleared.

The sale of Lumley’s insurance business is expected to be completed before the end of June.

Tower is hoping its announcements on Wednesday will persuade FundSource to remove its negative ratings watch from its funds.

Savings crisis could be worse than power crisis

Saving New Zealand, a project designed to encourage a more positive environment for savings, has been launcehd by the ISI.

The ISI explains what Saving New Zealand is and how it works.

A new group, Saving New Zealand, has been launched by the Investment Savings and Insurance Association to establish a broad consensus on savings.

Saving New Zealand provides some facts and figures on what we own and owe.

Wellington

Napier

The Retirement Commission has had some of its funding restored in this year’s budget.

The Board of the Guardians of New Zealand Superannuation has appointed a key adviser to provide it with advice on manager selection for its portfolio.