Economists believe the Reserve Bank will hold fire on making further cuts to the Official Cash Rate next week, with a further cut more likely in November.

Government officials expected the discussion paper proposing reform of the KiwiSaver default fund arrangement would provoke "full and rigorous debate", a cabinet paper reveals.

An independent review of the $43 billion NZ Super Fund has given the organisation that runs it high marks.

All KiwiSaver funds should be required to meet the same requirements to educate members and give them the best chance of success, one commentator says.

Financial advisers are struggling mentally with the amount of change they are being forced to go through and need more than just business and licensing support, one dealer group says.

BNZ will only deal with groups who hold a FAP licence under the new regulatory regime, becoming the first bank to formally outline its stance on the subject.

Non-bank lender Bluestone has passed on cuts of up to 40 basis points after the Reserve Bank’s Official Cash Rate cut last month.

Advisers are directing clients to digital platforms to carry out their investment plans, the general manager of Hatch, Kristen Lunman, says.

ASB has added two new funds to its stable of investment options – the ASB KiwiSaver Scheme Positive Impact Fund and the ASB Investment Funds Positive Impact Fund. Both will have a focus on investing in companies that are making a positive impact on society or the environment.

Complaints against banks by home loan borrowers rose by 12.3% last year amid a rising number of declined applications, according to the Banking Ombudsman Scheme.