The Financial Markets Authority will start accepting transitional licence applications on November 4 from advisers wanting to be financial advice providers (FAP) under the new regime.

Property Investors borrowed $1.02 billion in June, according to new Reserve Bank data, down from $1.2 billion in June 2018.

The Serious Fraud Office has secured a jail term for another ponzi scheme operator.

The end of tough loan servicing tests could be a step closer after the Australian Prudential Regulation Authority relaxed serviceability rules for Australian lenders.

Simplicity has appointed a new head of sales.

Training and compliance provider Strategi has appointed a new chief executive.

Advisers are unimpressed by Southern Cross’s move to limit trail commission.

The Financial Markets Authority says it has poor governance of sales and advice in its sights over the next year.

Loan Market and NZFSG have made some changes to their business development roles as they prepare for the new regulatory regime.

Financial advisers should be "obliged" to discuss ethical and responsible investment preferences with their clients, the founder of a new responsible investment platform says - but one adviser isn't so sure.

Fidelity Life's chief customer officer is moving on.

BNZ has cut its two-year rate for owner-occupiers to a market-leading 3.79%, and has also slashed rates for investors.

Plus4 Insurance Solutions has added another adviser.