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

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

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.

Regulators are refusing to say whether a South Island financial adviser whose offices were raided last week had been running a Ponzi scheme.

Associate Professor Susan St John, well-known for her work on retirement issues, has been recognised in the Queens Birthday Honours.

The Privacy Commissioner has created a lotto draw for tenant selection with the recent release of some ill-conceived guidelines, writes property management consultant David Faulkner.

The Serious Fraud Office raid on an Authorised Financial Adviser's office in Dunedin just over a week ago raises questions about the effectiveness of the regulatory environment.

We are entering into what I would suggest is one of the more interesting times in the financial services industry.