New data shows that New Zealanders with financial advisers are better off and more confident in their financial lives.

Economists say the Reserve Bank will keep the official cash rate on hold next week, but believe it could expand its quantitative easing programme to push down interest rates.

A new report on KiwiSaver funds shows the large majority of funds have failed to beat their benchmarks.

Financial advisers have been granted some leniency under the new Financial Markets (Conduct of Institutions) Amendment Bill.

MMC have appointed a chief financial officer to join its executive leadership team.

The FMA has partnered with Financial Advice NZ to make free and generic financial advice available in Hamilton, as New Zealanders take a greater interest in their finances and investments due to the impact of Covid-19.

Fidelity Life has added a new independent director.

Kiwibank economists believe the housing market will only fall by 6% due to Covid-19, revising down their prediction amid signs of "strong resistance". 

Advisers who have registered for a financial advice provider service on the Financial Services Provider Register but who have not yet finished their application for a transitional licence are being reminded to keep moving.

AMP Australia's chief executive is standing down, leading to changes in New Zealand, too.

Westpac claims many of its customers used the Covid-19 lockdown to make additional repayments on their mortgages.

One financial adviser says it’s misleading that the fund that tops the Morningstar KiwiSaver growth category for five and 10-year returns was not in that category for the whole of that time.

Even with the deadline now pushed out to March, you wouldn’t want to leave it too much longer without applying if you want to have a licence.