An insurance industry reluctant to move on high upfront commissions may find the Government does it for it, the Financial Markets Authority says.

Commerce Minister Kris Faafoi says insurers are "passing the buck" to advisers.

Nikko AM managing director George Carter says that advisers should not worry about any potential threat from roboadvice.

Delegates at the Financial Services Council annual conference were given a clear message that they needed to “up their game”, or the Government would intervene.

Z Energy, BP and Waitomo Group have challenged the Commerce Commission’s claims that a lack of competition in the fuel sector is delivering participants excess returns.

Changes to KiwiSaver may be of most benefit to those who were already on track to a better outcome, ASB says.

Colonial First State Global Asset Management is rebranding as First Sentier Investments.

People working in financial services need to start taking more individual responsibility for wider conduct and culture issues, delegates at this year’s Financial Services Council conference were told.

Southern Cross Health Society has turned around last year's deficit to post a surplus of $10.7 million for its most recent financial year.

Emily Tsai, from Asian Insurance Advisers, took the stage the MDRT Global conference in Sydney and explained how she successfully manages clients.

Commercial property can offer investors better options as the search for yields intensifies so NZ Mortgages & Securities director James Kellow provides his rundown on the outlook for the commercial market.

Australian non-bank lender Pepper Money has launched mortgage lending operations in New Zealand, with a vow to bring Kiwi borrowers unprecedented levels of choice and flexibility in their mortgage options.

An investment fund opened to the public today will give investors access to disruptors, Nikko Asset Management says.