Inland Revenue needs to acknowledge that over-charging KiwiSaver members tax is a bigger problem than some not paying enough, one adviser says.

The new owner of FundSource, Zenith Investment Partners plans to continue with the fund manager of the year awards, but others are looking at the research market.

Morgan DeVere Corporate Finance has been fined $40,000 for breaching the Financial Services Providers Register's rules.

A former Black Cap, New Zealand cricket selector and Wellington Firebirds head coach has been appointed executive director at financial services firm Booster.

Insurers hope an increase in mental health funding announced in the Budget will mean they deal with fewer people in crises.

New, more targeted exchange-traded funds are a way for advisers to take an active approach to passive investment, the NZX says.

KiwiSaver members will now see their projected savings for retirement and the likely weekly income it will provide on their annual statements, Commerce and Consumer Affairs Minister Kris Faafoi says.

While Westpac has released its submission to the Reserve Bank on the proposed new capital requirements, the other big Australian-owned banks are refusing to follow suit.

The Chief Global Strategist for BCA Research, Peter Berezin isn't too worried about the markets at the moment but warns to watch out for things to change in 2021. 

The discussion on high trails and lower upfronts, while this is quite aspirational, frankly it is somewhat of a misnomer.

The Advertising Standards Authority has rejected a complaint about Partners Life’s recent advertisements.

ANZ New Zealand chairman and former prime minister Sir John Key is facing calls to resign after the lender was censured by the Reserve Bank.