Fidelity Life Assurance Co Ltd

westpac to sell life business to fidelity for 400m

Westpac is selling its New Zealand life insurance business for $400 million to Fidelity Life and its largest shareholder, the NZ Superannuation Fund, as well as new investor Ngāi Tahu Holdings. The s

the medical assurance society gets slapped with 21m fine

The Medical Assurance Society has been ordered to pay a penalty of $2.1 million after admitting it breached one of the Financial Markets Conduct Act fair dealing provisions, which affected thousands o

transport investments ltd to list via bethunes backdoor

By Paul McBeth Oct. 27 (BusinessDesk) - New Plymouth-based freight and logistics group Transport Investments Ltd plans to join the NZX through a backdoor listing via Bethunes Investment in a deal valu

suncorp flicks asteron life for 410 million

Australian insurer Suncorp is selling its New Zealand life insurance business, Asteron Life, for $410 million to an international insurance group, Resolution Life. In a statement to the Australian sec

restless farmers want change at the dairy goat co op

The long-serving chair of Dairy Goat Co-Operative, Campbell Storey, is hanging on to his job despite pressure from its farmer shareholders for him to go. In recent years, the farmgate price for goat m

dairy goat co op chair campbell storey to step down

Dairy Goat Co-operative’s shareholders have been told its long-serving chair, Campbell Storey, will stand down later this year. As BusinessDesk reported earlier this week, pressure was mounting on S

fail file pattrick smellie co founder of businessdesk

Each fortnight, Victoria Carter speaks to someone about failure and disappointment and what they learned. This week, she talks to Pattrick Smellie, co-founder of BusinessDesk. I was really disappointe

the life

The Life is a BusinessDesk section for people with an appetite for living well, who like to celebrate the good things in life – whether that’s investing in your health and wellness or a weekend at

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2 Cheap Cars Group Limited Ordinary Shares

just life group

Just Life Group (JLG) was listed in 2004. JLG was previously known as Just Water International (JWI) until March 2019. The name change reflected the strategic intent of the Group, evidenced by the acq

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Manawa Energy Limited Ordinary Shares Company Details Registered Office: 108 Durham Street, Tauranga 3110 Postal Address: 108 Durham Street, Tauranga 3110 Telephone: +64-27-582-6600 Facsimile: n/a Web

fidelity to channel nz super fund capital injection into innovation future growth ceo

By Rebecca Howard Nov. 1 (BusinessDesk) - Fidelity Life will use a $100 million capital injection from the New Zealand Superannuation Fund to help pay for future growth and new innovation, with a foc

rbnz demands assurance anz new zealand is operating prudently

By Rebecca Howard June 24 (BusinessDesk) - The Reserve Bank is demanding ANZ Bank New Zealand provide assurance it is operating in a prudent manner after it was censured in May and the bank says it w

westpac purchase will give fidelity 17 of life market

Fidelity Life's $400 million purchase of Westpac's New Zealand life operations will take its market share from about 11.5% to nearly 17%, based on Financial Services Council statistics. Fidelity Life.

us fund manager fidelity investments takes xero shareholding

By Paul McBeth Dec. 9 (BusinessDesk) - US fund manager Fidelity Investments, with US$4.9 trillion under management, has built up a substantial shareholding in local software developer Xero. The global

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Marlin Global Limited 20/05/2022 $1.28 Warrants

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Greenfern Industries Limited Ordinary Shares Company Details Registered Office: 127 Normanby Road, Normanby 4671 Postal Address: 127 Normanby Road, Normanby 4671 Telephone: +64-27-420-2476 Facsimile

updated fidelity pays 145 mln in cash and liabilities for towers life assets

A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....

fidelity life acquires most of towers life insurance business for net 70 mln

A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....

fidelity life profit falls 32 as gain from kiwisaver sale washes through hikes dividend

By Paul McBeth Oct. 23 (BusinessDesk) - Fidelity Life Assurance, the country's third-biggest life insurer, reported a 32 percent drop in annual profit, reflecting a year-earlier gain from the sale o

nz super fund plans to take cornerstone stake in fidelity life

By Rebecca Howard Oct. 31 (BusinessDesk) - The New Zealand Superannuation Fund plans to take cornerstone stake of at least $100 million in Fidelity Life, the largest Kiwi-owned life insurer.  If the

fidelity life lifts annual profit 43 boosted by sale of super fund

By Paul McBeth Nov. 7 (BusinessDesk) - Fidelity Life Assurance, the country's third-biggest life insurer, lifted annual profit 43 percent as it grabbed market share and benefited from the sale of a su

fma bill a missed opportunity fidelity life says

The failure to address high upfront commissions in the Financial Markets Amendment Bill was a "missed opportunity" and it was now unlikely anyone will reduce commissions and risk losing market share,.

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the missing silver lake link and all blacks ltd

New Zealand Rugby is poised for its biggest structural change in 25 years of professionalism with the bulk of its income and expenses carved out into a subsidiary if the controversial Silver Lake deal