ASB has announced a new look third-party banking team following the departure of long-serving Marc Oliver.

[UPDATED] A highly experienced financial adviser has been found to have breached two code standards by the Financial Advisers Disciplinary Committee.

Australian financial advisers have been given an exemption to operate in New Zealand.

ANZ has followed Westpac in slashing its one year special rate to 2.29%, the joint lowest "big four" rate in the market. 

Economists predict that the red-hot housing market will continue in the near-term, with listings not growing fast enough to meet demand. 

Mortgage Express has hired an ex-Westpac banker as a mortgage adviser in the Manawatu region.

The FMA are seeking industry feedback on the Financial Markets Conduct (Wholesale Investor Exclusion) Exemption Notice 2017, which will expire on February 4, 2022.

Financial Advice New Zealand is launching their online webinar series next week, aimed at making sure advisers are ready for upcoming regulation changes.

ASB has become the latest bank to reverse its forecast for a negative official cash rate.

Mortgage advisers must clearly disclose clawback agreements with clients, industry leaders say, as disputes on the topic continue to emerge. 

Interest rates will remain at historic lows for the next two years and banks will become more receptive to new customers this year, predicts economist Tony Alexander.