ANZ Bank NZ is the latest bank to report fattening net interest margins despite the very low interest-rate environment.
Rapid increases in salaries for public servants should grind to a halt with today's announcement.
Simplicity has more than 60,000 KiwiSaver members with nearly $3 billion in funds under management.
After passing through three selection rounds over 14 years, the KiwiSaver default prize is not as shiny as it used to be.