The country’s largest union is welcoming the Government’s move to encourage employers to take part in superannuation funds – but says that workers should have a say in managing them.

The Bank of New Zealand has decided to stop dealing with mortgage brokers.

Whangarei

A protected sales process of the Lumley insurance businesses in Australia and New Zealand is impacting on its S&P rating.

Wellington

New Zealand investor confidence in future returns has experienced its biggest drop since the terrorist attacks of September 11, 2001.

Fund manager AMP Henderson is warning investors not to panic and quit equity-dominated funds just because returns in the March year had been the worst for 15 years.

Auckland

Wellington

In this speech to the Savings and Fund Management Conference Finance Minister Michael Cullen, explains the Government's latest thinking on superannuation.

March was another shocker for the managed funds industry in New Zealand with nearly quarter of a billion dollars flowing out of funds.

Ancient laws covering the life insurance industry are to be reviewed, Commerce Minister Lianne Dalziel says.