The housing market downturn intensified last month. the  REINZ’s House Price Index fell another 1% and annual price growth dropped to 6.3%, down from just over 30% eight months ago.

AIA has launched three direct to market starter plans with the aim of getting more New Zealanders covered.

Magellan Financial Group has appointed a new chief executive to replace Brett Cairn.

Mindful Money is planning to run its annual ethical investment conference and awards on June 28. More details here.

Westpac Bank is now predicting a 15% house price fall over the next two years.

Fidelity Life promises 24 hour turnaround time for new policies

Mosaic adds privacy specialists to its team.

Westpac has outdone ANZ and originated a greater proportion of home loans through advisers than its bigger rival. Meanwhile, BNZ has gone nowhere with advisers.

Rodger Spiller, who won Mindful Money's Best Ethical Financial Adviser, explains what the Nadia Lim/Simon Henry debacle means for investors and fund managers.

Mint Asset Management’s holding company, Amplifi Group, has acquired its first financial planning business.

Kōura Wealth has added three thematic funds to its KiwiSaver offering, but limits how much of a member's portfolio can be invested in them.