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.

Chris Coon, the actuary credited with changing the landscape of the insurance industry in New Zealand, has died after a long illness.

Pie Funds founder and chief executive Mike Taylor has rejoined the firm's investment team on a full-time basis.

Financial advisers wanting to gain their NZQA in Financial Services (Level 5) will now be able to study through on-the-job training at Strategi Institute which has been approved as a receiving organisation.

Clients of disgraced financial planner Barry Kloogh are only likely to get back 2.5c for every dollar invested.