New Zealand banks may be reluctant to let go of their wealth businesses because of the profitability of those segments.

Advisers do not need to have a definite plan yet for how they will approach the new legislative regime – but they need to engage with the process, Financial Services Council (FSC) chief executive Richard Klipin says.

Interest rate derivatives markets are pricing in a 40% probability the Reserve Bank will cut the Official Cash Rate this year, amid weakening inflation and slower growth overseas.

Fresh off the back of a partnership deal with Australian mortgage group Astute Financial, Mortgage Express has made three senior hires.

The popular "speed-dating" event for non-banks and mortgage advisers is set to roll into Hamilton and Christchurch early this year as non-traditional lenders look to build on a promising 2018.

More than 700 financial advisers and industry specialists have signed up to the 2019 Navigating Regulation Advice Summit.

Booster is one of the first New Zealand co-signatories to the recent global investor initiative, calling for action on continued investment in controversial weapons.

A new assistant governor of the Reserve Bank has been hired from the financial markets regulator.

A role at the Reserve Bank beckons for one of the key faces of Harbour Asset Management.

The Public Trust has recruited its new CEO from Tower Insurance.

A New Zealand academic has renewed her call for government intervention to fix a “serious hole” in the country’s retirement income policies.

The Australian Prudential Regulation Authority has relaxed restrictions on interest-only lending, and mortgage advisers hope the decision will have a positive impact on New Zealand's lending market. 

Dealing with the housing “crisis” doesn’t need rocket science, just a clearly articulated set of steps and fast action, argues property commentator Ashley Church.

A review of the NZ Certificate in Financial Services (level five) will spark a wave of changes for educational providers.