AMP Wealth Management reports an increase in profit, but also saw $1 billion of asset under management move to other providers.

Life insurance companies have given muted support for the Government's proposals to create a New Zealand Income Insurance Scheme.

Although Magellan is bleeding funds and one of its founders and chief investment officer has taken medical leave one research house says investors should not necessarily exit the funds.

Partners Life will revert to its original criteria for Premium Holiday and Policy Suspension claims.

Magellan Financial Group founder and chief investment officer Hamish Douglass is taking a ‘leave of absence’ from the firm.

Cigna New Zealand is offering up to $30,000 worth of free critical illness cover for two years to customers who take out life cover or increase an existing Assurance Extra life policy by a minimum of $100,000.

Good Returns takes a look inside the Financial Markets Authority to find out who makes up its staff.

Seasonally adjusted unemployment fell slightly to 3.2% in the December 2021 quarter, according to Stats NZ.

Further pressure is expected on interest rates after the unemployment figures come out today.

The Financial Markets Authority is warning product providers that it does not like what it is seeing with commissions.

New Zealand’s largest health insurer Southern Cross is celebrating the country's workforce heroes who give ‘everything, every day.’