Insurance firms and other commentators asked for more rules around replacement business and the ongoing servicing of clients to be included in the industry’s new code of conduct.

Submitters on the draft code of conduct for the financial advice sector took issue with the draft proposed by the working group right from the first code standard.

Everyone is asking what's going to happen to advisers now the new regime has been passed and everyone is going to have to change their business model. Here's my take on this rather thorny question.

Cigna has revealed a suite of changes, including product enhancements and updates to the application process.

Fund managers are adding exclusions in line with New Zealand's new gun laws.

Non-bank lender Resimac is on the hunt for a replacement for Adrienne Church, its former New Zealand general manager.

ANZ has lost its court battle to keep the Financial Markets Authority from sharing information about its Ross Asset Management files.

ANZ is offering up to 1% off loans for new build properties that meet sustainability and energy efficiency requirements. 

Financial Advice New Zealand is seeking businesses to inject funds to help it create evidence of what quality financial advice is, and what it does for consumers.

Non-bank lender Resimac has waded into the mortgage price war with a series of aggressive rate cuts.

KiwiSaver provider Summer has launched two new funds to complement its Summer Investment Selection and My Plan offers.

Southern Cross Health Society will launch an artificial intelligence-powered digital assistant later this year, in what is believed to be a world-first for a health insurer.

While it has been no surprise with the passing of FSLAB, we now have confirmation that the light at the end of the tunnel is, in fact, the oncoming train.