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Spring cleaning your debt, cashback offers & contactless garage sales: This week's best banking news

Spring cleaning your debt, cashback offers & contactless garage sales: This week's best banking news
mozo.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mozo.com.au Daily Mail and Mail on Sunday newspapers.

Pn Bank , Big Four Bank , Westpac Life , Leading Westpac Life , ப்ந் வங்கி , பெரியது நான்கு வங்கி , வெஸ்ட்பேக் வாழ்க்கை ,

The Westpac (ASX:WBC) share price has fallen 8% over the last 30 days

The Westpac (ASX:WBC) share price has fallen 8% over the last 30 days
The Westpac (ASX:WBC) share price has fallen 8% over the last 30 days
It’s been a tough run on the ASX for Westpac. We take a closer look at what’s happened
Brooke is a Junior Financial Journalist at the Motley Fool Australia. Brooke s interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-majoring in international relations. In her spare time, you ll find Brooke gallivanting around South East Queensland, no doubt with her dog in tow. ....

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Fidelity Life appoints Bronwyn Kirwan

Bronwyn Kirwan has been appointed to top sales and service role.
Fri, 09 Jul 2021
Bronwyn Kirwan.
Hot on the heels of announcing its acquisition of Westpac Life and a new strategic alliance with Westpac NZ, Fidelity Life has confirmed former SHARE and Swiss Re executive Bronwyn Kirwan as its new chief sales and service officer.
Kirwan starts on August 9 and will report to chief executive Melissa Cantell.
Cantell says Kirwan’s appointment is a crucial one as the company’s customer-led transformation progresses.
“Bronwyn’s deep insurance experience and technology credentials will be invaluable as our plans to diversify our channel mix and reach even more New Zealanders develop. ....

New Zealand , New South Wales , United Kingdom , New Zealanders , Bronwyn Kirwan , Melissa Cantell , Zurich International , Westpac Life , Fidelity Life , புதியது ஜீலாந்து , புதியது தெற்கு வேல்ஸ் , ஒன்றுபட்டது கிஂக்டம் , ப்ரோன்வின் கர்வ்யாந் , ஸுரி சர்வதேச , வெஸ்ட்பேக் வாழ்க்கை , நம்பகத்தன்மை வாழ்க்கை ,

Ngai Tahu buys stake in insurance sector

Ngai Tahu buys stake in insurance sector
08 Jul 2021 09:03 AM
Photo: Getty Images.
Related Podcast
The departure of banks from the life insurance sector has provided an opportunity for Ngāi Tahu Holdings, which is part of a $400 million deal for local insurer Fidelity Life to buy Westpac’s New Zealand life insurance business.
Holdings is putting in $140 million for a 24.9 percent stake in Fidelity, with Fidelity’s largest shareholder, the NZ Super Fund, co-funding the acquisition.
Chief executive Mike Pohio says the investment will provide attractive benefits to both sides as well as further diversifying and increasing the growth profile of Holdings’ portfolio. ....

Mike Pohio , Nz Super Fund , Commonwealth Bank , Tahu Holdings , National Australian Bank , Fidelity Life , New Zealand , Westpac Life , Reserve Bank , ந்ஸ் அருமை நிதி , காமன்வெல்த் வங்கி , தாஹு ஹோல்டிங்ஸ் , தேசிய ஆஸ்திரேலிய வங்கி , நம்பகத்தன்மை வாழ்க்கை , புதியது ஜீலாந்து , வெஸ்ட்பேக் வாழ்க்கை , இருப்பு வங்கி ,

Bell Gully Advises Fidelity Life On Acquisition Of Westpac Life-NZ-Limited

Wednesday, 7 July 2021, 4:03 pm
Bell Gully is pleased to have advised Fidelity Life, New
Zealand s largest locally owned life insurer, on its
agreement to acquire Westpac Group s New Zealand life
insurance business and its associated equity funding
arrangements.
In connection with the acquisition,
Fidelity Life will enter into a 15-year strategic
alliance with Westpac NZ and will be the exclusive
distributor of life insurance to Westpac s retail customers.
The transaction involves equity funding arrangements with
Fidelity Life s largest shareholder the NZ Super Fund and
new investor Ngāi Tahu Holdings.
The agreement is
subject to regulator and Fidelity Life shareholder
approvals, and is expected to be completed by the end of ....

New Zealand , New Zealanders , Gabby Smith , Toni Forrest , Toby Sharpe , Melissa Cantell , Nz Super Fund , Citizen Community , Foundation For Public Interest Journalism , Tahu Holdings , Tahu Holdings To Fidelity Life , Westpac Group New Zealand , Fidelity Life , Westpac Group , Life Chief Executive Melissa Cantell , Westpac Life , Bell Gully , Dean Oppenhuis , Resolution Life , Scoop Citizen Community , In Depth Engaged Journalism , Scoop Foundation , Public Interest Journalism , புதியது ஜீலாந்து , கேபி ஸ்மித் , டோனி காடு ,