[WHITE PAPER INCLUDED] Global turbulence and increasing flows into passive investment funds supports “mega cap” stocks and amplifies the risk of passive investments, Kiwi Invest warns.

Financial advisers will have to pay more than originally suggested to be licensed under the new regime, it has been revealed.

Newly-independent economist Tony Alexander gives you a sneak preview of his keynote session at this year's TMM Better Business Conference.

Mortgage lending soared in September, according to Reserve Bank data, as banks loosened serviceability tests.

AMP’s assets under management in New Zealand have fallen, which the company is ascribing to a weaker New Zealand dollar.

There's a few more weeks to wait before you can apply for a transitional FAP licence.

Mediation expert Trevor Slater is returning to Financial Dispute Resolution Service (FDRS) in a different role.

Open Polytechnic’s continuing professional development course (CPD) for financial advisers is open for enrolment, aimed at helping them meet the requirements of the new code of conduct.

Plus4 Insurance Solutions has added another adviser in Wellington.

Australian non-bank lender Pepper Money has officially launched in the New Zealand market and says it offers a point of difference from its competitors.

Milford boosts its income team with a new manager to help run its $2.8 billion Milford Diversified Income Fund.

Non-bank lender Resimac has introduced desktop e-valuations to speed up the approval process for clients and advisers. 

Passive fund managers have hit back at suggestions that people with money in passive holdings may not understand the level of risk they are taking.