One man has been jailed and two men sentenced to home detention at the Auckland High Court for their part in using finance companies to try to save commercial businesses during the global financial crisis.

The Reserve Bank has surprised economists by stating the next OCR move is "likely to be down" due to slowing domestic and global growth. 

The Reserve Bank has kept the OCR unchanged and says the next move is likely to be down. Find out why in the Governor's statement here.

KiwiSaver provider AMP says its latest marketing campaign has encouraged more than 100,000 customers in its default fund to make an active choice about their investments.

Financial Advice New Zealand's chief executive says its organisational structure enables adviser voices to be heard - but some in the industry aren't convinced.

Insurance company Fidelity Life has added faces to its teams that support advisers.

CoreLogic has launched an online platform it claims will help digitise the mortgage approval process and speed up home loan applications.

The latest Reserve Bank figures show investors borrowed just $886 million in February, down on the same month in 2017 and 2018, as first home buyers narrow the gap.

Fidelity Life says its new adviser programme will help smooth the way to the new licensing regime.

Fidelity Life says it has not yet determined a path forward for health insurance once its agreement with nib ends on June 30.

"Broken" David Ross faces at least another year in jail after his parole consideration was declined.

The Financial Advisory Disciplinary Council, (FADC) yesterday, prosecuted its first case against an insurance adviser over non-disclosure issues.