Lifetime Group gears up for mortgages - Good Returns
Lifetime Group gears up for mortgages - Good Returns
It has formed a strategic partnership with the Rothbury Group which see it take over Rothbury’s life insurance and mortgage businesses. Rothbury gets Lifetime’s general insurance business and it is also is taking a cornerstone shareholding in Lifetime.
Rothbury, which is the fourth largest general broker in New Zealand and part of the ASX-listed Steadfast Group, has bought a 19.5% stake in the business for $8 million.
Lifetime’s mortgage business will get another eight brokers, bringing the total to 19, and it will generate around $400 million in loans a year.
Lifetime chief executive Mike Jones says that he sees “real potential for growth in the mortgage business”
Lifetime Book Club: Intentional by Chris Bailey
In a world full of distractions, half-finished to-do lists, and “I’ll get to that later” energy, this book feels like a helpful nudge back to what really matters.
It’s not about doing more for the sake of it. It’s about doing the right things, with more purpose, more clarity, and a little less chaos.
Market & Portfolio Update: May 2026
Global share markets delivered strong performance in May, with the United States leading the way. The S&P 500 rose approximately 5.3% in local currency (USD) terms, supported by strong corporate earnings results and continued investment in artificial intelligence.