Banks have made major cuts to floating and fixed rate mortgages following the Reserve Bank's decision to cut the Official Cash Rate to a record low.

Financial Advice New Zealand is among voices critical of the long-awaited new code of conduct for financial advisers.

Australia’s Financial Services Council is enacting a moratorium on life insurance genetic test results as a binding standard – and its counterpart in New Zealand says it’s an issue that’s on the agenda here, too.

The industry has expressed surprise that the new Code of Conduct allows advisers to operate under another license with no minimum qualification requirements.

The Reserve Bank has cut the Official Cash Rate to 1.50%, and economists believe we could see a further cut later this year.

The Reserve Bank has taken the bold step of cutting the Official Cash Rate to a new record low of 1.50%. Here’s why.

The clock is now ticking for financial advisers to get ready for life under the new code of conduct for the sector. But the version that will come into force is different to that the industry saw during consultation.

Former Financial Markets Authority senior solicitor Simon Papa, now director of Cygnus Law, weighs in on changes proposed for the insurance sector.

A new Code of Conduct will ensure all financial advice provided to Kiwis is of good quality, Commerce and Consumer Affairs Minister Kris Faafoi says.

Luke Jackson, the former CEO of Southern Cross Financial, has been appointed to lead Resimac's New Zealand business.

New Zealand’s advice model is not working, and too many people are being left behind, Kiwi Wealth’s general manager of customer, product and innovation, Joe Bishop, says.

Global Finance founder Ajay Kumar has failed in an attempt to sue a former employee for $211,000 in a dispute over an Auckland property.

BNZ has cut the fees it charges across its KiwiSaver funds and is shifting to an passive approach for international assets.