The Financial Markets Authority has had no increase in its funding to assist with a transitioning all financial advisers to a new licensing regime.

Contributions to NZ Super Fund siphoned off to new start-up fund.

Contributions to the NZ Superannuation Fund will continue under the current government but at a lower rate than prescribed.

ANZ New Zealand CEO David Hisco is taking extended sick leave and stepping down temporarily from the top job.

New Zealand life insurers are highly profitable compared to their international peers, the Reserve Bank says, as it suggests requiring them to hold more capital.

The Reserve Bank has decided against easing loan to value ratio restrictions, and believes current settings "remain appropriate for now".

Advisers are being told they need to help their clients better understand the processes available to help them when problems arise.

Fundraising sites are more likely to serve as a reminder of the importance of insurance than to take its place, local industry commentators say.

Investment in infrastructure and development in Northland means the future looks bright for Whangarei investors – thanks to a tight rental market but affordable prices, writes Miriam Bell.

Research showing many New Zealanders are not on track for retirement proves the need for advisers, ASB says.

Advisers say Aegis will need significant investment if it is to continue to be a viable platform option in the future.

The Commerce Commission has launched an investigation into BNZ over the bank's compliance with the Credit Contracts and Consumer Finance Act.

Rates continue to fall across the market in the wake of the OCR cut, with Kiwibank's one year special down to just 3.85%.

Sorting out what the financial advice industry is going to look like under the new regime is something akin to trying to solve the Rubick cube.