New conduct regulations for financial institutions will cause a limited reduction in access to financial advice because a ban or cap on commission has not been recommended, the Ministry of Business, Innovation and Employment says.

Former Wellington mayor Justin Lester has joined Simplicity.

Anthony Edmonds InvestNow platform is the latest looking to get into the KiwiSaver market with an offering similar to Craigs Investment Partners.

Geopolitical tensions and low interest rates have driven the price of gold to a six-year high, but there are warnings it may not last.

BNZ has dropped investor home loan rates to the same level as owner-occupier rates, as competition for a resurgent investor market heats up.

Kiwibank is lining up a multibillion dollar takeover of big four bank BNZ, according to reports.

It may become harder for fund managers and advisers to justify their fees if markets aren’t delivering the hot returns of the past few years, MJW says.

A claim by Consumer NZ that financial advisers suggest clients look at new life insurance policies just so they can boost their commissions is sensationalist and shows a total lack of understanding of how the sector works, Financial Advice New Zealand's chief executive says.

Scrutiny of New Zealand's life insurance sector puts "seeds of doubt" into consumers' minds, the Financial Services Council says.

The Financial Markets Authority has appointed researchers at MyFiguciary to study the application of active and passive investment management strategies.

Loan Market has drafted in two new advisers 

Australian non-bank giant Pepper has hired a business development manager to cover the Auckland market.

New Zealand’s life insurance sector appears to be relatively inefficient, the Reserve Bank says.