The likelihood that New Zealand will face a severe house price correction has reduced and so too have the risks to lenders; however they face profitability headwinds.

More advice is needed to boost the fortunes of the New Zealand capital markets, a new report says.

NZFSG advisers have embraced the company's Select Home Loans white-label product, lodging around $250 million in applications in the first couple of months.

nib health funds has been added to the ASX 100 index as part of the September 2019 quarterly rebalance of the S&P/ASX Indices.

Financial Advice NZ is lending support to messages encouraging Kiwis to have conversations around financial matters this Money Week.

Two new appointments have been made to the Financial Markets Authority board; One is opposes commission payments and the other a director who has polarised people.

Ongoing deterioration of the growth and inflation outlook means that ANZ is predicting that the Reserve Bank will cut the Official Cash Rate (OCR) to 0.25% by May next year.

AIA New Zealand has appointed Tracey Cross as a new independent director on its board.

Accounting firm Findex is making a play for the wealth space, with the appointment of a head of wealth management for New Zealand.

Partners Life is removing its volume-based bonuses for advisers and will replace them with rewards for good conduct.

New regulations around rental properties mean that being a landlord is becoming increasingly unattractive. Auckland Property Investors Association vice president Peter Lewis asks how much is too much…

Financial adviser Barry Kloogh has had his authorisation cancelled by the Financial Markets Authority.

The government is dropping its target to build 100,000 affordable homes over a decade but will keep the name of its troubled flagship policy - KiwiBuild - while making it easier for people to finance their way into home ownership through the scheme.