New Zealand's largest cryptocurrency retailer Easy Crypto has secured the backing of some big names in the finance sector after raising $17 million in Series A funding.

Partners Life has announced it will be increasing its level premiums for life cover on all new business by up to 20% from November 1.

The mental health and wellbeing of Kiwi financial advisers are being tested by regulatory change and the pressures of Covid-19 lockdowns but there is a small group who thrive in times of change.

Surgery for bad backs has topped the list of most expensive surgical claims funded by Southern Cross Health Insurance with the highest individual claim coming in at $222,000.

Sam Stubbs says the biggest KiwiSaver managers are ripping Kiwis off after the FMA revealed just how much was made in fees by KiwiSaver scheme providers over the past year.

Warnings delivered by the FMA for non-compliance with New Zealand’s anti-money laundering and countering the financing of terrorism rules have almost doubled in the three years to June 30.

While the covid crisis and regulatory change have hit many financial service providers hard it's also impacting the country's regulators - none more so than the Financial Markets Authority.

Asteron Life’s upcoming changes to its trauma policy have been led by customer and adviser feedback with the company saying it's responding to feedback wherever possible.

More than 1.2 million KiwiSaver members did not invest in the scheme in the year to March 31, showing that while KiwiSaver has hit new heights in funds under management, there are big opportunities for providers and advisers.

Admired for his intense loyalty, honesty, love of family, friends and golf, well-known insurance adviser Steve Richens has passed away suddenly at the age of 66.

Industry professionals have weighed in on what they think the financial advice business will look like in the future.

It's no secret that New Zealanders are often underinsured when it comes to life insurance but a recent Swiss Re report into the nation's mortality protection gap shows the gap is widening.

The number may be daunting - more than $1 million for a couple to retire comfortably - but many Kiwis won't have anything close to that in their KiwiSaver accounts by retirement age.

New Zealand Green Investment Finance has recruited two new investment analysts to bolster its investment team capacity.

Swiss Re calculates how more life insurance needs to be sold to bridge the underinsurance gap - and the number is huge.

Fidelity Life will be defending its title as the top life insurer in the country in this year's edition of the New Zealand Insurance Industry Awards.