Investors shake off bad publicity

It has released its most recent survey of investor confidence, which shows 65% of investors said they were confident in New Zealand's financial markets, only slightly down from 66% last year but up from 58% in 2013.

That's despite the Australian Royal Commission raising questions about bank and fund manager behaviour in the country, and the Reserve Bank and FMA voicing concerns about insurer and bank conduct here.

The FMA report showed the biggest reasons for confidence were an improving economy, low unemployment and better understanding of financial markets.

Chief executive Rob Everett said investor confidence seemed “pretty stable, despite a lot going on in New Zealand and Australia that you might have thought would make it track down a bit”.