The NZX has finally announced a sale of its fund management research business FundSource to an Australian company - however the deal is still conditional.

ASB is celebrating its 11-year partnership with Ronald McDonald House Charities New Zealand by launching a term deposit offer which will see the bank donate up to $100,000 to the charity on customers’ behalf.

Loan to value ratio restrictions play a crucial role in promoting financial stability, the Reserve Bank has concluded, following a review of macroprudential policy.

Reserve Bank governor Adrian Orr talks to Philip Macalister about good conduct and culture and what needs to change in the life insurance market.

We've had a great couple of pages from Naomi and Partners Life on commissions, and it has been excellent to see an insurer standing up and speaking out on this issue surrounding advisers and their livelihoods. Not many are.

ASB has announced that it is reviewing ownership of its Aegis wrap platform and may sell it.

Calastone has successfully launched its blockchain-enabled distributed market infrastructure for fund managers around the world, including in New Zealand.

Many advisers are hoping to rely on their dealer groups' processes to meet the qualification requirements of the code of conduct.

Needs intro

ASB says it has made a decision to undertake a strategic review of its investment and custody businesses Aegis.

Australian non-bank lender Pepper Money has made a key BDM hire after taking its first steps into the New Zealand market. 

Gerard Fitzpatrick, global head of fixed income at Russell Investments, says advisers should be “wary” of jumping aggressively out of traditional fixed income and into higher risk products.

Small business lending specialist Prospa, has appointed two business development managers, including Resimac's former sales manager, to support its growing New Zealand operation.

Vanguard is rolling out a roboadvice offer for financial advisers but it's not yet clear whether it will be available in  New Zealand.