The news for embattled Australian fund manager Magellan Financial Group doesn't get any better.

Partners Life has appointed a new CFO to replace Sean Kam.

AMP Capital is expected to become part of Macquarie Asset Management this week.

Not all property investors understand the return on their rental.

Milford gets highly experienced chairman; Trustees Executors gets FMA man.

ASB says it is ending its new build loan product after using up cheap RBNZ money.

The Financial Markets Authority failed to address conflict of interest issues during the KiwiSaver default review process.

There are bigger forces at play than just the Credit Contracts and Consumer Finance Act (CCCFA), such as rapidly rising inflation here and abroad when it comes to the housing market, says Jeremy Couchman,  Kiwibank’s senior economist.

Despite numerous submissions, only minor changes have been made to the Brightline rules by Parliament’s Finance and Expenditure Committee when reporting back on the Taxation and Remedial Matters Bill.

Milford has appointed a new business development manager to its Intermediary team.

By Kelvin Davidson, CoreLogic Chief Property Economist

Magellan continues to see big fund outflows following CIO and former chairman Hamish Douglass’ decision to take medical leave.