NZ Funds has appointed a highly experienced adviser as the latest to join its Auckland private wealth team.

Advisers are getting a few years off submitting their annual returns – but that doesn’t mean all their regulatory obligations are on hold.

Economists expect the Official Cash Rate to remain on hold this week, but say the Reserve Bank could talk about negative rates in 2021.

Maple-Brown Abbott Global Listed Infrastructure has expanded the team with the creation of two new roles.

Mike Pero Mortgages has announced a raft of new hires and changes to franchise ownerships.

Financial advisers are keen to engage with full licensing proposals – and have been able to prove their worth during the country’s response to Covid-19, the Financial Markets Authority says.

Select Wealth has created a new role to grow the business.

The Retirement Income Group (RIG), headed by former AXA chief executive Ralph Stewart, has hit a significant milestone in its development after securing its first reinsurance deal.

Financial Markets Authority data has shown the hit taken by many KiwiSaver funds as a result of Covid-19 – but that some funds are still returning standout performances.

Ethical KiwiSaver scheme CareSaver has appointed a new Head of Client Engagement who previously was with another high profile scheme.

A host of new advisers have joined Mortgage Link in the north and south islands, as the group continues its expansion.