People acting as trustees on family trusts face major changes and have very little time to get ready for them, Perpetual Guardian general counsel Henry Stokes says.

Dealer groups have stepped up preparations for the new regulatory regime by applying for their financial advice provider licences.

Financial adviser Barry Kloogh has pleaded guilty.

A new requirement for financial advisers to have a level five qualification should create an environment in which there are more career pathways, Financial Advice New Zealand chief executive Katrina Shanks says.

High profile mortgage adviser Jeff Royle of iLender is offering an alternative service for brokers who want to exit the industry.

The PAA Legacy Trust has started to make grants to the financial advice sector.

Borrowers will only see "minor" decreases in mortgage rates if the Reserve Bank cuts the official cash rate, according to economists at ASB. 

A woman who says her insurance adviser was so focused on her husband during the advice process that he failed to adequately consider her situation was unsuccessful in her complaint to Financial Services Complaints Ltd (FSCL).

Westpac's chief economist has warned the coronavirus outbreak could slow house price growth in the three months to June. 

MMC have recently invested in the IFAA Group of Companies, a specialist Australian superannuation fund administrator based in Brisbane.

Magellan chief investment officer Hamish Douglass speaks to Good Returns TV about how to invest in markets complicated by coronavirus, low interest rates and upcoming elections.

A complaint against a financial adviser who facilitated withdrawals for a client caught by a relationship scammer has been rejected.