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.

Economists say the Reserve Bank has left the door open to lower or negative rates, as it kept the official cash rate on hold.

The Reserve Bank has kept the Official Cash Rate on hold at its record low of 0.25%. Here's what the RBNZ said:

In the coming months, all parts of the country are likely to feel some degree of property pain, but CoreLogic’s Kelvin Davidson* has taken a look at which areas might be hardest hit.

Financial services provider Finzo has enhanced its support service offering to financial advice firms.

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.