Asset management firm Northern Trust will take over ANZ’s $5 billion passive investment suite from outgoing Vanguard Group.

Newpark Home Loans has signed a formal partnership with Strategi to prepare its advisers for the new regulatory licensing regime. 

Mortgage lending hit $7.3 billion in September, the highest value on record, according to the latest Reserve Bank data, as the market continues to defy expectations. 

Dodgy joints are once again at the top of claims table, according to a recent release by Southern Cross Health Insurance.

More investors are seeking advice as the property market heats up, according to a new survey.

The FMA are wanting to hear the industry’s thoughts on a proposal to recognise that Australian qualified advisers meet the standards of the new code of conduct.

Jon-Paul Hale says as we learn more about Covid-19 advisers need to be asking more questions from their clients.

AIA has enhanced its Quick Quote tool, which it says provides an opportunity to attract new, more qualified customers.

A report in The Australian Financial Review has stated that National Australia Bank (the parent company of BNZ) is selling its life insurance company, BNZ Life.

Today's lower than expected inflation figures will force the Reserve Bank to make an aggressive 75 basis point OCR cut in February, according to Kiwibank.

ANZ economists predict the Reserve Bank's funding for lending programme (FLP), designed to push down interest rates, could hit $50 billion.

Lack of investor education, KiwiSaver fund switches, and complex scams, all signs of economic uncertainty here to stay, says FMA.

Penny Burgess is to return to an adviser-facing role at ANZ New Zealand as part of changes at the nation's biggest lender.