New Zealand banks could be left with a $21 billion capital shortfall under the Reserve Bank's new capital rules, according to research from investment bank UBS.

Advisers are being told there won't be anything to shock them in the approved code of conduct for the sector.

Strong buyer interest in adviser business in general, and specifically life insurance client bases, has been a growing feature of our market segment for the last twenty years.

Pressure is going on insurers to ensure that their products are suitable for clients, and it could mean changes for advisers.

ANZ has cut its one year special to 3.95% while Westpac has cut its three year rate below 4%, as prices continue to plummet for Kiwi borrowers.

A changing interest environment may mean some tough decisions ahead for investors and advisers.

Westpac economists are the latest to change their minds on the OCR, predicting the Reserve Bank will cut rates next month.

Mortgage Link has appointed a new Canterbury-based BDM, promoting a south island-based adviser to the senior role.

Sir Stephen Tindall is lending his support to not-for-profit KiwiSaver scheme Simplicity.

Insurance advisers within the AMP network can continue to offer life insurance to clients, even though the financial services provider is no longer issuing its own policies.

The short term fixed interest market has been dominated by ANZ owned UDC over recent years.

The short-term fixed interest market has been dominated by ANZ owned UDC over recent years.

AIA is celebrating its centennial by joining forces with the Mental Health Foundation.

The Reserve Bank believes its capital adequacy proposals will only have a "minor impact" on borrowing rates, amid fears they will cause rates to increase significantly.