New Zealand advisers have an opportunity to raise greater awareness about reverse mortgages, as the product becomes increasingly popular in Australia, according to Heartland Bank CEO Chris Flood.

There are concerns that a bill that would make it easier for foster children to access KiwiSaver may be stopped in its tracks.

Sovereign has had its financial strength rating reaffirmed by AM Best.

nib New Zealand says the $69 million it paid in claims in the latter six months of last year was a record.

TSB has hit the market with an aggressive price offer, promising to match any one year home loan rate offered by an "Australian-owned" lender.

Mercer says it has reinforced its commitment to grow its investment consulting capabilities for the benefit of clients with its latest appointment.

The 2019 Financial Services Council and Workplace Savings NZ annual conference has been launched, with super earlybird tickets on sale.

A shake-up for New Zealand’s vocational training systems could have an impact on the financial advice sector – but it’s expected to be a positive one.

JMI Wealth, formerly JMIS, has added another senior adviser to its team.

NZX has reported profit of $11.6 million for the 2019 financial year, including growth in its wealth businesses.

The Financial Markets Authority and Reserve Bank's damning review of conduct and culture in the insurance industry will a "clear impact" on mortgage advisers as regulatory scrutiny heats up for advisers, says Newpark Home Loans boss Andrew Scott.

AMP’s New Zealand profit might have looked a bit grim – but things were much worse on the other side of the Tasman.

Regulatory scrutiny of legacy insurance products may highlight a lack of understanding about how the industry works, one insurer says.

Suncorp’s life insurance business, including Asteron Life and its AA Life joint venture, saw its profits fall by almost a quarter between the first and second halves of last year.