Harbour Asset Management is cutting the fees on four of its funds.

The Accident Compensation Corporation has announced a target to halve the carbon intensity of its $46 billion investment portfolio by 2030.

Professional IQ College (PIQ) is now open for enrolments for version two of the New Zealand Certificate in Financial Services (level five).

Craigs Investment Partners have formed a strategic alliance with one of the best known names in investment banking.

Financial services provider Finzo has enhanced its support service offering to financial advice firms.

Investment Services Group, (ISG), the amalgamation of five wealth management brands, JMI Wealth, Devon Funds, Clarity Funds, Select Wealth Management and TAHITO, says its investment into IT has been put to the test and passed with flying colours.

NZ Super Fund chief executive Matt Whineray has joined the move to cut pay during the Covid-19 disruption.

AMP managing director Blair Vernon says the sale of the business's New Zealand wealth arm is not on hold - but progress has slowed.

NZ Funds has licensed its own version of Partners Life’s advice business software.

The Financial Services Council says it and its members are committing to five core principles to guide the industry’s response to Covid-19.

Open Polytechnic says the number of students taking its online New Zealand Certificate in Financial Services (Level 5) has doubled year-on-year.

McGrathNicol has been appointed liquidator of Penrich Capital, the Christchurch-based administrator of Penrich Global Macro Fund.

Fisher Funds will donate 3,000 meals to hospital care staff who have been working on the frontline in the Covid-19 pandemic.

The Financial Markets Authority has issued a formal warning to NZX-accredited broker Tiger Brokers for not having adequate AML protection in place.

FE Investments has been placed into receivership.

The outlook for the Asia Pacific regions’ life insurers has been revised to negative by S&P Global Ratings.

A decision by Parliament’s Finance and Expenditure Committee to extend the time for submissions on the Financial Markets (Conduct of Institutions) Amendment Bill is a very sensible one, says Financial Advice NZ.

Financial services have been confirmed as among the “essential services” that will be allowed to continue to operate when New Zealand is at level four in its response to Covid-19.

Due to Convid 19 Harbour Asset Management has cancelled its regional roadshows. The remaining three were scheduled for Havelock North, Dunedin and Queenstown.

Financial Advice New Zealand has postponed its annual conference.

MMC have recently invested in the IFAA Group of Companies, a specialist Australian superannuation fund administrator based in Brisbane.

Simplicity has trimmed its fees and made it easier to invest in its non-KiwiSaver funds.