Pathfinder Asset Management has become the first fund manager in New Zealand declared a Certified B Corporation.

New Zealand’s funds management industry will be watching the NZX’s website on Monday in the hopes that it is not felled again.

Covid-19 and the closure of Tiwai Point might pose some challenges for Invercargill but the southern city’s market still has a lot to offer investors, writes Miriam Bell

New Zealand’s financial services sector raised concerns about disclosure regulations resulting in a larger volume of repetitive disclosure that could be difficult for clients to digest, submissions show.

Non-bank Resimac has reduced its prime home loan servicing testing rates to boost its customer base in New Zealand.

The Financial Markets Authority has turned to a local funds management firm to find its director of investment management.

Almost 1,000 licences for financial advice providers have been issued, but there may still be some advisers who do not fully understand the requirement ahead of them, it has been suggested.

Home lending soared to $6.5 billion in July during New Zealand's Covid-free period, reaching its highest level since November last year.

Home loan rates will plummet to 2% in the next year, with low rates set to push up house prices, according to ASB.

The Financial Markets Authority should take court action to set a benchmark for what is an unreasonable KiwiSaver fee, Simplicity founder Sam Stubbs says. 

While economists at the big four lenders believe the Reserve Bank will opt for a negative official cash rate next year, Kiwibank analysts believe the move would be a mistake.

FMA director of regulation Liam Mason says the regulator won’t be drawn on whether an active or passive management style is better for KiwiSaver – but it’s clear that the issue of what fees are charged is a complex one.