Women are 10% more likely than men to switch KiwiSaver providers if their funds are invested in industries they do not support, a new survey shows.

Many alternative lenders changed criteria for customers through the second lockdown, creating a challenging environment for advisers and their clients, according to adviser service Solutions Out Sourced (SOS).

Residential landlords, take note: the clock is ticking on the Covid-19 related increase to the low value asset write-off threshold, writes property accountant Anthony Appleton-Tattersall.*

AMP Group says it will undertake a review of its assets and businesses that could put its New Zealand business back up for sale.

A new report by Deloitte has raised questions about suggestions New Zealand insurers are offering high commissions and paying few claims by global standards.

Kiwi households are forking out an average of 32% of their income on their home loans, according to new research from CoreLogic. 

The Financial Services Council (FSC) has launched a Professional Advice Knowledge Hub, a place to find ‘how to’ webinars and information on changes facing professional financial advisers under the new Financial Services Regime (FSLAA).

Financial Advice NZ is one of 200 recipients of funding via the Ministry of Business, Innovation and Employment’s Domestic Events Fund.

Financial advisers are being warned to ensure they have cyber security systems in place, as the sector comes under cyber attack.

Kiwibank saw profits drop by nearly half in the year to June, as Covid-19 impairments and low interest rates took their toll on the state-backed lender.

ANZ has completed the sale of vehicle and asset finance business UDC Finance to Shinsei Bank following Overseas Investment Office (OIO) approval.

Advisers say the second lockdown was easier to navigate than the shutdown in March, with stronger business activity and less disruption than before.