Kiwibank has cut its one-year fixed term to 3.39%, a new low, despite the OCR remaining on hold.

SuperRatings awards eight KiwiSaver providers a “platinum” rating for 2020.

Dealer groups say the cost of membership is likely to rise under the new regulatory regime, with estimates ranging from $3,000 to $21,000 extra per year.

More information is required on what conflict of interest disclosures will be required of advisers in vertically integrated organisations, adviser group SiFA says.

Finzo has become the first New Zealand business to adopt new technology being distributed in this country through a partnership deal with MyFiduciary.

NZ Funds has created a newly formed role, chief client officer who will have responsibility for direct and internally advised clients.

In a career that spanned some 11 years, Ian Jones played over 100 games for the mighty All Blacks – 79 of those test matches.

Westpac has introduced a new mortgage approval system to cut turnaround times, sending loan applications to local branches for completion.

More clarity is needed on when someone counts as a client under the new financial advice regime, Financial Advice New Zealand says.

Here's a little video of the final session of the TMM Better Business conference.

Wholesale interest rates have jumped after the official cash rate was kept on hold, sparking fears of rising mortgage rates.

Economists were surprised by the Reserve Bank's decision to keep the official cash rate on hold, but expect the central bank to ease rates next year.

The Reserve Bank has kept the Official Cash Rate at 1%. Here's what the central bank said: 

New Zealand could expect to get to as few as 400 financial advice providers by 2030, one training and compliance provider says.