With time running out until new regulatory reforms are introduced in late June 2020, Wealthpoint has followed with interest the industry discussions taking place about various FAP structures that may exist post June.

December mortgage lending increased by more than $1 billion year-on-year, according to the latest figures from the Reserve Bank.

Plus4 has added another insurance adviser in the South Island.

Financial markets are pricing in a reduced chance of further official cash rate cuts this year amid expectations of improved economic growth.

New Zealand’s pension costs might be rising but wellbeing and equity concerns mean we cannot afford to increase the pension age, the Retirement Commissioner says.

Adviser business Mike Pero Mortgages has bolstered its presence across the country with six new hires.

House price inflation is unlikely to radically slow this year after a strong end to 2019, according to leading economist Tony Alexander.

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.