Westpac economists have broken ranks with rival commentators by predicting the Official Cash Rate will be put on hold next week.

Fund managers’ duty to act in the best interests of investors may now require managers to take climate change risk into account when designing investment policies, a new report says.

Adviser group Finzo, along with Iress, have established a data feed that they say will help increase advisers’ business efficiency.

Nib says growth in the number of policyholders helped propel its revenue up 8.8% to A$215.5 million in the most recent financial year, although it’s been a tough market to operate in.

Mortgage advisers could find their selection of available lenders limited by their financial advice provider under the new regulatory regime, Newpark’s Andrew Scott has warned.

Craigs Investment Partners has added another adviser to its specialist savings team.

The Financial Markets Authority says it's had a significant year as the financial services sector moves to a new regulatory environment.

It will be important to support financial advisers into the new regulatory regime to ensure that New Zealanders’ access to independent advice is maintained, says Fidelity Life’s chief distribution officer, Adrian Riminton.

Financial Advice New Zealand chief executive Katrina Shanks says the experience of going to the Financial Planning Standards Board global meeting in Switzerland has shown her that countries around the world have the same issues.

More than 80% of New Zealanders expect their KiwiSaver and other investments to be invested responsibly and ethically, new research by the Responsible Investment Association of Australasia and Mindful Money has shown.

Mortgage rates have fallen from 0.6%-1.2% over the past 18 months, but borrowers should plan to deal with higher interest in the long run, according to ASB.

The Government is increasing the Financial Markets Authority’s litigation budget by $4 million for 2019/20 to ensure the regulator has access to the resources required to bring legal proceedings when it needs to.

Almost quadrupling the value of the Government's member tax credit for KiwiSaver members might get more self-employed people contributing, the Retirement Commissioner says.

Ralph Stewart has deep concerns about the idea that KiwiSaver members get defaulted to a government run annuities programme, dubbed KiwiSpend.