New lockdown restrictions are unlikely to push out the start of the new financial advice regime.

Reverse mortgages, rather than mortgage deferrals, could help borrowers deal with the financial fallout of Covid-19, says Heartland Bank head of retail Andrew Ford.

KiwiSaver provider Simplicity has once again slashed its floating rate home loan, dropping to a market low of 2.25%.

AIA has revealed the financial advisers and advice businesses that will be given financial backing for their community initiatives.

Treasury wanted a reallocation of KiwiSaver default members so that each default scheme had a similar number of members, a regulatory impact statement shows.

The NZ Super Fund has scored well in a report looking at its approach to responsible investment across its $47 billion portfolio.

Asteron Life has claimed a win in a long-running legal battle with Dunedin insurance broker Peter Taylor.

ANZ New Zealand has ring-fenced a further $79 million for impaired loans as the nation's biggest lender deals with the fallout from the pandemic. 

BNZ economists have joined the other big four banks in predicting the Reserve Bank will adopt a negative official cash rate.

Mike Pero Mortgages has made a series of new hires across the country.

A new investment platform preparing for launch this year will offer a white-label version for advisers to use with their clients.

ASB and ANZ have revised their forecast for the official cash rate and predict we will get negative rates next year.