Two new appointments have been made to the Financial Markets Authority board; One is opposes commission payments and the other a director who has polarised people.

Ongoing deterioration of the growth and inflation outlook means that ANZ is predicting that the Reserve Bank will cut the Official Cash Rate (OCR) to 0.25% by May next year.

AIA New Zealand has appointed Tracey Cross as a new independent director on its board.

Accounting firm Findex is making a play for the wealth space, with the appointment of a head of wealth management for New Zealand.

Partners Life is removing its volume-based bonuses for advisers and will replace them with rewards for good conduct.

New regulations around rental properties mean that being a landlord is becoming increasingly unattractive. Auckland Property Investors Association vice president Peter Lewis asks how much is too much…

Financial adviser Barry Kloogh has had his authorisation cancelled by the Financial Markets Authority.

The government is dropping its target to build 100,000 affordable homes over a decade but will keep the name of its troubled flagship policy - KiwiBuild - while making it easier for people to finance their way into home ownership through the scheme.

A woman who claimed her mother was missold a life insurance policy by her adviser has had her complaint declined by the Insurance and Financial Services Ombudsman.

Fidelity life has appointed a product training manager for its professional development team working with advisers.

New Zealand’s general insurers have launched a new initiative to tackle insurance fraud but there’s likely to be limited appetite for a personal risk version.

Financial Advice New Zealand says Barry Kloogh's membership will be suspended until further information about the investigation into his businesses comes to light.

The NZ Super Fund has received strong ratings across several categories in the latest United Nations Principles for Responsible Investment (UNPRI) Report.

Adviser group Kepa has appointed a new adviser standards and compliance consultant as it works to help advisers transition to the new licensing regime.