“For me, support means more than telling – it involves doing.”

Some advisers might have hit hard financial times due to the Covid-19 outbreak but large numbers are focusing on the future, the Financial Markets Authority (FMA) says.

Financial markets have priced in an increased chance of a negative official cash rate after the Reserve Bank mooted the idea last week.

Global investment firm T Rowe Price has appointed a head of distribution for Australia and New Zealand.

Investors’ optimistic view of the New Zealand sharemarket is likely to continue in the wake of yesterday’s Budget announcements, according to Milford Asset Management Senior Analyst Frances Sweetman.

This week has really hammered home how big the economic impact of the Covid 19 pandemic will have on New Zealand.

Cigna will double service commission payments to financial advisers through June and July.

This year’s Budget will provide a boost for struggling financial advisers, Financial Advice New Zealand says – and should shore up confidence in the sector with funding for the Financial Markets Authority.

Advisers have welcomed the extension of the Government's Covid-19 wage subsidy scheme, and say the additional payments will help those hit hardest by the lockdown. 

A record number of people using the Sorted website should translate into more demand for financial advice, its managing editor says.

Financial Advice New Zealand has seen its numbers grow since coronavirus hit.