Shares of Summerset Group have fallen after major shareholder Quadrant completed the sale of 18.6 per cent of the retirement village operator.

The FMA's Diane Maxwell will be stepping across into the role of Retirement Commissioner for three months.

New Zealand shares rose on the first trading day of 2013, following gains on Wall Street, as investors drove up companies that have featured on broker lists for 2013, such as PGG Wrightson and Ryman Healthcare.

New Zealanders who worked in Australia and made compulsory superannuation payments will be able to get their hands on their nest eggs at last.

London's Stansted airport is in an "interesting" market - but Kiwi firm Morrison & Co says it's too soon to say whether it'll bid for the business.

Kiwis who have worked in Australia will soon be able to bring home billions locked up in superannuation accounts.