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.

Non-bank lender Avanti has promised more support for the adviser channel following the appointment of a new BDM, as it expands its range of products.

The Financial Services Legislation Amendment Bill has passed its final hurdle, clearing the way for a new legislative regime for all financial advisers.

The Financial Services Legislation Amendment Bill may have passed its third reading without opposition – but the members of parliament who spoke in support of it showed some confusion about what the bill actually contains.

Advisers still have an important role to play in filling in client understanding of some of the basics of insurance cover, the Insurance and Financial Services Ombudsman says.