A recent survey of 50 Wealthpoint member businesses reveals most are in a positive frame of mind about their ability to face ongoing Covid-19 challenges.

A small lift in complaints about advisers has prompted a reminder for advisers to keep in touch with clients.

Westpac has slashed its two year special home loan to 2.99%, becoming the latest major bank to drop below the 3% mark, while The Co-operative has also cut mortgage rates.

New Zealand life insurers paid out a total of $1.49 billion in claims in the year to March, the Financial Services Council says.

Insurers say helping advisers through the Covid-19 economic disruption was part of their motivation for offering client relief packages.

Mortgage advisers are planning their return to the office this week as New Zealand enters level two lockdown, but face-to-face client meetings could pose challenges for the sector.

The first woman to graduate as an Actuary in New Zealand has died. Women in Super has shared their thoughts.

Advisers will probably get a boost from being able to return to face-to-face meetings with their clients from Thursday.

Cigna is launching a new online quote tool, designed to help boost efficiency and improve advisers’ experience of working with the company.

TSB has slashed its one year special rate to 2.89% and ANZ has cut its one year special to 2.99%, as rates continue to fall.

Economists expect the Official Cash Rate will remain on hold this week, but many believe the Reserve Bank will open the door to lower or negative interest rates. 

Advisers who use the lockdown period to get ahead on study are being warned being too quick to complete level five could end up costing them.

Fidelity Life has appointed a banking and infrastructure specialist as an independent director on its board.