Insurer AIA trims excess roles

Insurer AIA trims excess roles
Hong Kong-based AIA. (Image: Getty)
Murray Jones
New Zealand’s largest life insurer has made 23 employees redundant.AIA NZ confirmed the development to BusinessDesk on Monday, June 17. A spokesperson for the insurer said: “AIA NZ continues to evolve how it operates to better support customers and business partners.“We recently consulted around some proposed changes to our organisational design across some of our teams. The outcome of this process has seen redundancies affecting 23 team members, with a small number also currently in redeployment. “Like any bus...

More Economy

Cold storage behemoth plans massive Canterbury facility
Primary Sector

Cold storage behemoth plans massive Canterbury facility

Lineage had the biggest IPO on the Nasdaq last year.

Budget 2025: Facebook, Google escape NZ tax reform
Economy

Budget 2025: Facebook, Google escape NZ tax reform

NZ has chosen not to go it alone in taxing the "platforms".

Pattrick Smellie 20 May 2025
Willis damps down huge depreciation change talk
Economy

Willis damps down huge depreciation change talk

The Finance Minister scotched market talk of a 100% depreciation regime.

Pattrick Smellie 20 May 2025
Start-up founders get tax help; thin-cap regime review
Economy

Start-up founders get tax help; thin-cap regime review

Start-up shareholders will be able to defer tax until a 'liquidity event'.

Pattrick Smellie 19 May 2025