ANZ Banking Group chief executive Shayne Elliott has called for more clarity on responsible lending obligations, stating risk aversion has "infected" the banking system.

Ross Asset Management investors have been approved to start their class action claim against ANZ.

The Financial Markets Authority (FMA) says it will report back next month on insurers’ plans to tackle its concerns about industry conduct.

One of the big debates, particularly in KiwiSaver, is what should customers focus on? Net returns or fees. The regulator’s answer may surprise you.

Q Advisor Group will give advisers the choice of becoming a FAP in their own right or operating under its FAP licence under the new regulatory regime.

Fund management fees are too high and advisers should be negotiating lower fees for their clients, MyFiduciary principal Chris Douglas says.

Pie Funds says its Juno KiwiSaver scheme is slowing chipping away at bank run schemes.

Advisers believe banks should adapt their servicing tests for borrowers after the Official Cash Rate plunged to 1%.

Registered financial advisers have been warned by the regulator that the licensing clock is ticking and they better hurry up if they want to remain in business.

The FMA has been reviewing custodians but still has not come up with a decision about whether it is a sector that requires regulation.

AMP has successfully completed the institutional placement to raise A$650 million.

Southern Cross Health Society has been recognised as one of Australasia’s top 10 ‘Most Innovative Companies’ for BeingWell, its corporate health and wellness programme.