Financial Services

The Dow Jones has surged since Donald Trump won the election (Reuters)

Dow hits historic 20,000 mark

The Dow Jones Industrial Average is trading above 20,000 for the first time ever.

An Auckland woman has won $1 million which she plans to use to buy her first home (file)

Auckland first home now a reality after Lotto win

An Auckland woman has won $1 million from Lotto's First Division which she plans to use to buy her first home.

(Newshub.)

Charges dropped in case of Mutual Finance's 'missing millions'

A third of the charges against the directors of failed finance company Mutual Finance have been dropped in the Auckland High Court.

Financial Services

Developer pleads guilty in Auckland finance case

Prosecutors say two finance companies that collapsed leaving hundreds of investors owed millions were, from the start, a conspiracy to commit crimes.

(Getty)

KiwiSaver market set for a shake up

Retirement experts say the arrival of new lower-cost KiwiSaver fund Simplicity should add competition to the market.

Auckland house prices are at record highs (Getty)

Property market: Time to cash-up?

Property investors and people close to retirement are being told the time has come to cash-up, with predictions the market is about to turn.

(Getty)

Robots soon to offer financial advice in New Zealand

The Government is clearing the way for "robo-advisers" to offer financial advice in New Zealand.

Financial Services

Westpac cuts interest only term to 5 yrs

Westpac is cutting interest-only lending terms to a maximum of five years, in a market where investors are the driving force.

Financial Services

Paris aims to poach London finance jobs

The French government will outline incentives that will allow Paris to compete with London for finance jobs.

(Newshub.)

KiwiSaver retirement survey results

A new survey suggests most people in KiwiSaver don’t know if they are saving enough for a comfortable retirement.

Financial Services

FMA concerned about life insurance commissions

The Financial Markets Authority is concerned advisers working for commissions are encouraging people to needlessly switch life insurance policies.

Financial Services

Myths about KiwiSaver: Part 4

KiwiSaver expert Binu Paul dispels common myths around KiwiSaver, in an informative series.

Financial Services

Revenue rises for NZX

NZX has posted a 9.6 percent gain in first-quarter revenue as more companies turned to the debt market to raise funds.

(File)

Harmoney hit by 'sophisticated' fraudsters

Harmoney says it has had 26 cases of fraud since the firm opened for business in 2013.

Financial Services

Financial adviser charged for $1.4M misuse

A financial adviser who allegedly used his clients' money for his own purposes now faces a series of charges.

(File)

NZ dollar falls over credit fears

The New Zealand dollar fell as investors grew increasingly wary of corporate credit risk, sapping their appetite for risk-sensitive assets such as the kiwi.

(Supplied)

SBS Bank announces interim CEO

The chairman of SBS Bank has today announced the company's chief risk and innovation officer Mark McLean will temporarily take over as CEO.

Financial Services

Wellington start-up wants to transform budgeting

A new Wellington start-up wants to transform the financial literacy of New Zealand children.

(File)

Rates hike for US Federal Reserve

The US Federal Reserve has lifted interest rates for the first time since 2006.

Sigmar Gabriel and Angela Merkel (Reuters)

Fundamentalist mosques breeding extremism?

German Vice Chancellor Sigmar Gabriel says Saudi Arabia must stop financing fundamentalist mosques abroad that are accused of breeding extremism.