Just months after opening an office in London Pie Funds' UK managing director has left the company.

Non-bank mortgage lending volumes jumped by more than $500 million last year, according to newly-released data, which underlines the growing prominence of alternative lenders.

A crackdown on high upfront insurance commissions could cut off the number of new advisers coming into financial services, it has been warned.

Wellington-based financial planning services company FoxPlan has appointed a former member of parliament as the first independent chair of its board.

Booster has snapped up the former Mahana Estates winery site, and announced the formation of the Booster Wine Group.

The final report from Australia's Royal Commission into the financial services sector is due to be published on Monday afternoon.

The Guardians of New Zealand Superannuation have appointed a new manager of New Zealand equities.

High upfront commissions and overseas trips are in the spotlight as the government works to overhaul financial services sales incentives.

Interest-only lending accounted for just 30% of mortgage lending in December, significantly down on historical lows, as banks keep a lid on "risky" lending. 

Yesterday we witnessed one of the biggest take downs in the history of financial services in New Zealand. But was it warrented?

NZ Funds has added another client adviser with UK tax expertise to help with the steady increase in UK pension transfers.

Significant change is coming for the life insurance sector this year, after the government vowed to take action on a damning report from the Financial Markets Authority and Reserve Bank.

The Consumers' Institute says it already knew there were problems in the life insurance sector, but the industry was never going to "put its house in order".

Financial Services Council welcomes the Conduct report and acknowledges there are things to work on.

The Commission for Financial Capability aka Retirement Commission says consumers are at the mercy of intermediaries selling life insurance on behalf of companies