Home buyers will no longer be able to use a finance clause to pull out of a property purchase without proof, the Real Estate Institute of New Zealand has warned.

Lenders continue to cut mortgage rates as the property market heads into the summer, despite the Reserve Bank's decision to keep the official cash rate on hold. 

The first transitional licences have been issued to financial advice providers under the new regime.

Too much focus goes on fees and remuneration when it comes to financial advice, so it was good to see a report this week paints a picture of the value of financial advice. 

Partners Life managing director Naomi Ballantyne discusses the critical issues facing insurance advisers today.

Southern Cross Medical Care Society's annual general meeting has been told the organisation is in a unique position in the Kiwi insurance market.

Wellington Central property is in high demand, despite challenges faced by the apartment market, writes Joanna Jefferies.

The battle for this year's Good Returns Fund Manager of the Year came down to two active managers against a passive manager.

MMC, which has bought the Aegis business from ASB has hooked a top Fisher Funds exec to run the enlarged business.

JMI Wealth head of advice Jason Watson says low interest rates are providing a boost to the financial advice sector, and driving business growth.

The Reserve Bank has raised questions about the insurance sector in its latest financial stability report.

The Reserve Bank has kept LVR speed limits on hold amid fears low interest rates "could lead to a resurgence in higher-risk lending".

Westpac Bank chief executive Brian Hartzer has resigned after the lender was embroiled in a money laundering scandal, but the bank says the issue will not impact operations in New Zealand.