There is untapped demand for financial advice among New Zealanders, but the challenge for the industry will be to capture a market that is different from those it already serves, a new Financial Markets Authority report shows.

A stronger than expected recovery from the depths of lockdown mean an Official Cash Rate hold is "straightforward" next month, according to economists at BNZ.

A news story about a declined claim has sparked a divide in the insurance advice sector.

An adviser who saved his client from losing $60,000 to a scam says it shows his systems are working.

HSBC Premier has once again slashed home loan rates, dropping its one year term to 2.45%, a fresh market low. 

Fidelity Life has promoted from within to fill its head of adviser distribution role.

ASB Bank has eased its lending servicing criteria after cutting home loan rates for high LVR borrowers last week.

People who have their New Zealand Superannuation payments reduced by their partner’s foreign pension now face a longer wait to get the pension.

Investors could be forgiven for finding the market returns of the June quarter hard to believe, actuaries MJW say.

Tough servicing tests continue to hinder the home loan market, leaving borrowers unable to tap into attractive headline interest rates.

Wellington-based RealAML is launching the first locally-built facial recognition tool for New Zealand businesses to identify their clients.

National’s finance spokesman Paul Goldsmith says the party would put contributions to the New Zealand Super Fund on hold for the next four years if it were to form the next government.