Lifetime Group gears up for mortgages - Good Returns

16 December 2016 by Lifetime in Home Loans, Rothbury, General Insurance

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”

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preview image - Money & Mental Health - Let's Talk About The Link

Money & Mental Health - Let's Talk About The Link

Over half of New Zealanders say financial stress has impacted their wellbeing. That’s not just a statistic. It’s a signal. It means many of us are quietly worrying about our financial future, unsure who to turn to or where to start.

At Lifetime, we know financial advice is about more than dollars and cents. It’s about reducing worry, building confidence, and helping you feel more in control, both emotionally and financially.

29 May 2025 by Lifetime