Mortgage advisers in Auckland are ready to operate under the extended lockdown, as the government brings back the mortgage deferral scheme and wage subsidy programme.

Russell Hutchinson is a fan of being treated fairly, and thinks we should, of course, treat customers fairly. But how might the fair conduct requirement work in practice?

A client who complained her adviser had not told her she would need to provide financial statements if she wanted to claim against her trauma policies took her complaint to FSCL.

The Australian Royal Commission of Inquiry into misconduct in the banking system highlighted that there were things going on in banking that were “just not right”, NAB chief executive Ross McEwan says.

A new chief financial officer will join Public Trust from October 12.

Credit Suisse Australia and Jarden have agreed to exit their formal strategic alliance,

AMP New Zealand wealth chief executive Blair Vernon has been seconded into  a big role with its Australian parent company.

Pepper Money has released a series of improvements to its innovative online tool, the Pepper Product Selector (PPS), aimed at speeding up the adviser’s process of finding a solution for their
customer.

AMP Wealth Management has reported a 16% profit drop in the first half of its 2020 financial year, which it said was due to the proactive closure of two legacy schemes, the conclusion of cost-sharing arrangements with AMP Life and the impacts of Covid-19.

Home loan rates are already at record lows, but economists at ASB predict interest rates will plummet even further in the coming months.

Financial advisers are adjusting to a return to life at higher alert levels.

Reserve Bank governor Adrian Orr says the mortgage deferral programme will be extended beyond September, as the Covid-19 pandemic regains a grip on New Zealand.