A potential $25 million clawback from investors who received money from Ross Asset Management before it collapsed is nowhere near enough, says a representative of those who lost money in the Ponzi scheme.

Kiwibank’s changes to the way it insured low-deposit loans meant it was already pulling back before the Reserve Bank rules forced it to, its chief executive says.

When it comes to saving for retirement, a lot more attention is paid to putting money aside before people get to 65, than is devoted to what they do with their money once they retire.

A risk-based approach will be taken to the supervision of this country’s insurers, the Reserve Bank’s manager insurance oversight policy says.

One of the biggest group life insurance schemes in the country is up for tender again.

People transferring their super savings from overseas have been given a bit of a leeway by the IRD.

Investors should not be too spooked by reports that some analysts think the dollar is overvalued, economists say.

ANZ had more than $750 million committed to yet-to-be drawn down home loans in the last quarter of 2013, its latest general disclosure statement shows.

Wealth is a key investment priority for Westpac Group and customers will benefit from better integration of their investment and banking needs, BT Financial Group says.

Two New Zealand firms that specialise in third-party marketing of funds managers will discuss the possibility of a merger later this year.

Reserve Bank loan-to-value (LVR) rules have had a big impact on first-home buyers, but not made much difference to investors, the latest BNZ/REINZ survey of real-estate agents shows.

2014 looks to be the year of the boutique fund manager.

People who specialise in risk and compliance will be in demand in the financial services sector this year, recruitment firm Robert Walters says.

More first-home buyers are turning up to open homes with a representative of “the bank of mum and dad”, says Real Estate Institute chief executive Helen O’Sullivan.

Banks can be just as good fund managers as anyone operating in the industry, ANZ’s managing director of wealth says.

High-LVR lending will increase as banks get their heads around operating within the Reserve Bank’s new restrictions, ASB’s chief executive says.