Loan losses will rise "materially" in the coming months and households could struggle to service deferred mortgages, the Reserve Bank has warned.

Advisers may need to find a way to work collectively to help New Zealanders through the Covid-19 disruption, Retirement Commissioner Jane Wrightson says.

Mortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.

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Non-bank lender Resimac has eased its credit criteria for investors as it seeks to build market share in New Zealand.

New Zealanders who have a financial adviser are coping much better with the disruption of Covid-19 than the wider population, the Financial Services Council says.

AIA has had its Fitch rating affirmed with a stable outlook, while Suncorp is affirmed with outlook revised to negative.

Professional IQ College (PIQ) is now open for enrolments for version two of the New Zealand Certificate in Financial Services (level five).

nib has stepped in to help an innovative local digital mental health company as demand increases for these services during Covid 19,

Financial Advice New Zealand numbers have lifted during the lockdown – but there’s a warning that there might be a slump ahead.

Hopefully, we are getting closer and closer to the end of lockdown and a return to normal times, not that I expect they will be normal than before.

Mortgage rates continue to plummet to record-lows, with Kiwibank launching a one-year home loan at 2.65%.