Take note, investors: It is "quite possible" fixed rate mortgages have hit their lowest point in this cycle, according to economists at ASB.

Australia-based non-bank SME lender Prospa has hired a new BDM for the New Zealand market.

The Financial Markets Authority has confirmed the standard conditions it will require of those seeking a transitional financial advice provider (FAP) licence under the new regime.

The Reserve Bank will increase its supervision of BNZ after capital modelling errors were found.

Lifestages funds are a better option for savers than default KiwiSaver funds, but they’re not all created equal, new research from MyFiduciary suggests.

It is "quite possible" fixed rate mortgages have hit their lowest point in this cycle, according to economists at ASB.

NZ Funds has appointed a chief operating officer, distribution.

Julius Capilitan has become the new owner of Century 21 Financial New Zealand, and will take on the role of managing director of the firm.

A woman who was expecting $1 million from the sale of shares and instead only received $24,000 took a complaint about the trustee responsible for the sale to FSCL.

Mike Pero has appointed five new mortgage advisers to bolster its nationwide team.

First Mortgage Trust has expanded into the South Island, opening a permanent office in Christchurch. Jeremy Finch joins to run the new office after 15 years at ASB Bank, in its property finance team.

Leigh Hodgetts has joined Kepa to take a newly-created role as adviser standards and compliance consultant.

Kiwibank has cut its one-year fixed term to 3.39%, a new low, despite the OCR remaining on hold.