Jarden and National Australia Bank (NAB) are to combine their wealth advice and management businesses and will bring in Pacific Equity Partners (PEP) as the third shareholder, as foreshadowed by GoodReturns in early November.

Graeme Lindsay learned the benefits and pitfalls of health insurance first-hand the hard way after selling the product as an adivsor and/or broker for 52 years, and another couple of years as an advisor to the industry through his firm, Strategy Financial Services.

Forsyth Barr is buying Hobson Wealth for an undisclosed sum, as GoodReturns reported several weeks ago was likely.

The main message from Financial Advice New Zealand (FANZ) to the new government is essentially “give us time to breathe.”

Charlie Munger's death just a month shy of his 100th birthday is being mourned the world over and not just by Warren Buffett's Berkshire Hathaway where he was chief financial officer or in his home town of Omaha, Nebraska.

Those bearing the brunt of rising mortgage rates can blame the impact of record net immigration for interest rates remaining high into 2025 before they're likely to see any relief.

ASB Bank's decision to concentrate on profit margins is coming at the obvious cost of market share – in the September quarter, its mortgage book shrank by $152.2 million, according to the Reserve Bank's bank financial strength dashboard.

Nobody is expecting the Reserve Bank to do anything when it releases its latest monetary policy statement and economic forecasts next Wednesday but there's a debate raging about when it will start cutting interest rates.

US-based TA Associates is looking to exit its 34% stake in Fisher Funds, according to the Australian Financial Review.

Payments NZ is bidding for its API Centre to be at the centre of not just open banking but of data sharing in other industries such as energy and telecommunications.

When Don Brash became the first central bank governor in the world to target a specific inflation outcome, then zero to 2%, he stumped the country with his message about how bad inflation was, often calling it “the thief in your pocket.”

Accuro Health Insurance Society's policyholders have overwhelmingly approved the Wellington-based health insurer's merger with Christchurch-based Union Medical Benefits, known as UniMed, to form New Zealand's third largest health insurer.

Home-grown insurance management software company JAVLN has signed up another Australian insurance brokers, BJS Insuance Group to use its client and policy management technolgy.

The Financial Markets Authority's strong push to move away from compliance to address perceived harm missed by the current regulatory regime raises serious questions for the financial services sector, according to law firm DLA Piper.

Premiums collected by health insurance companies jumped 8% to $2.24 billion in the June quarter compared with the March quarter, according to the latest data released by the Financial Services Council (FSC).

The Financial Markets Authority has imposed a temporary order forbidding David McEwan and all entities associated with him from offering any financial products, communicating with anyone about those offers or accepting any new deposits or investments.