UDC Finance has made a strong start to the financial year, reporting a net profit after tax of $34.7 million for the six months to  March 31, 2019.

Booster’s investment fund Tahi has invested in transmission components manufacturer Dodson Motorsport.

Investment platform Sharesies has become an NZX participant, allowing it to trade shares in individual companies.

New Zealand investment and advisory firm FNZC today becomes Jarden,

Morgan DeVere Corporate Finance has been fined $40,000 for breaching the Financial Services Providers Register's rules.

ANZ is dropping a key advice service in Australia.

ASB is celebrating its 11-year partnership with Ronald McDonald House Charities New Zealand by launching a term deposit offer which will see the bank donate up to $100,000 to the charity on customers’ behalf.

Calastone has successfully launched its blockchain-enabled distributed market infrastructure for fund managers around the world, including in New Zealand.

Vanguard is rolling out a roboadvice offer for financial advisers but it's not yet clear whether it will be available in  New Zealand.

New Zealand investment manager and KiwiSaver scheme provider Kiwi Wealth says it now has $6 billion in funds under management.

Consilium says its wrap service will grow to $4 billion in funds under administration in the next calendar year.

New Zealand and global investors representing more than $5 trillion have added their support to the Christchurch Call, which sets out voluntary commitments for governments, companies and wider society to work together to eliminate terrorist and violent extremist content online.

The Financial Services Council is to formally merge with Workplace Savings NZ.

The group tasked with reviewing New Zealand’s capital markets has identified some issues with the way that advisers work.

Almost two-thirds of New Zealanders think the local economy is tracking well, Kiwi Wealth’s State of the Investor Nation report shows.

AMP says its New Zealand wealth management business lifted assets under management by 7 per cent in the first quarter of this year but its cashflows turned negative.

Financial Standards Planning Board (FPSB), owner of the international Certified Financial Planner certification programme outside the United States, is seeking nominations for two open four-year positions on FPSB’s board of directors beginning April 1, 2020.

The Financial Services Council has acknowledged the progress on the Government’s financial sector culture and conduct reform work programme with the release of two options papers and said it welcomed the opportunity to respond to them.

NZ Funds says its plan-writing technology is flourishing, but it has no plans to jump into roboadvice.

Smartshares has signed a deal with BlackRock to list eight new exchange-traded funds (ETFs) on the NZX this June.