ASB is the latest bank to slash fixed rates, matching ANZ's one year price of 3.05%.

Advice businesses will feel the impact of the coronavirus-induced downturn to different extents depending on the age and stage of their business, Financial Advice New Zealand chief executive Katrina Shanks says.

NZ Financial Services Group is inviting all its members to join its FAP and has released pricing to the market.

Partners Life is making significant changes to enable it to be open for new business.

Borrowers affected by the coronavirus crisis will be offered a six-month mortgage holiday under new proposals drawn up by the Government.

A decision by Parliament’s Finance and Expenditure Committee to extend the time for submissions on the Financial Markets (Conduct of Institutions) Amendment Bill is a very sensible one, says Financial Advice NZ.

Commerce Minister Kris Faafoi is pushing back the start of the adviser licensing regime.

Covid-19's major impact on New Zealand's economy means job losses and that has implications for landlords. Veteran investor Debbie Van Den Broek offers some suggestions on how landlords can weather the storm.

Cigna is joining Fidelity Life and Partners Life in putting a hold on new sales of redundancy cover.

Mortgage advisers are changing their business models amid the coronavirus outbreak, and diversifying ahead of a downturn in the housing market.

Financial services have been confirmed as among the “essential services” that will be allowed to continue to operate when New Zealand is at level four in its response to Covid-19.

Newpark Financial Services board met last week and has done a U-turn and decided to become a financial advice provider.

Westpac is the fourth bank to cut fixed rates after last week's official cash rate cut, dropping its one year term to 3.09%.

Health insurer nib has withdrawn its market guidance for the 2020 financial year because of uncertainty about Covid-19.