Sevaka secures $1 million to scale AI platform for financial services.

Home loan and insurance adviser network New Zealand Home Loans has appointed a new general manager, franchise and distribution.

Consumers are expecting financial advisers to be using AI, and many believe it will them give them better financial advice outcomes.

Generate invests in a firm creating operating system to run a dairy or beef farms.

Thirty three Kiwi advisers have made the trip of Miami this week for the largest financial planning conference in the world. 

Australian-based Shaw and Partners is taking a majority ownership stake in Devon’s parent company Investment Services Group (ISG).

About 70% of mortgages will reprice in the next 12 months and that is going to mean New Zealand’s collective mortgage payments will fall by about $3 billion, according to analysis by Macquarie Research.

ASB has appointed former Fisher Funds chief investment officer to a newly created CIO role at the bank.

NZX is planning to unplug its active manager QuayStreet from the Craigs IT platform to encourage more advisers to use the firm’s funds.

Small businesses struggling to access capital as bank lending slows.