The Financial Services Council has added Consilium New Zealand as its newest member.

Craigs Investment Partners had added a senior investment adviser to its KiwiSaver, super and savings team.

The CEO and New Zealand managing director of non-bank lender Bluestone take on questions about the changing tier 2 lender market, goals achieved over the past year, and plans for 2019.

Heartland Bank is the latest lender to respond to the Reserve Bank's radical new capital rules, saying it may have to hold an extra $15 million a year to meet the proposals.

Commerce Minister Kris Faafoi has acknowledged some financial advisers feel the transition to the new legislative regime is taking some time to achieve.

Milford Asset Management's chief executive is leaving the firm.

A well-known underwriter with a long history in the personal insurance industry will be leading AIA/Sovereign’s underwriting team in 2019.

The Ministry of Business, Innovation and Employment (MBIE) has laid out the number of financial advisers it thinks will continue on to hold licenses under the new financial advice regime.

Five of the biggest New Zealand credit unions, including NZCU Baywide, are to merge under a single brand as they aim to become a stronger competitor to mainstream banks.

New Zealand banks are bucking international trends by holding on to their advice forces.

Non-banks posted a 22.9% increase in net profit last year, according to KPMG's latest non-bank report. The advisory firm tips non-banks to grow further in 2019, as banks tighten up in the aftermath of the Royal Commission.

Reserve Bank proposals for banks to hold significantly more cash on their balance sheets will lead to slower credit growth and rising interest rates, Kiwibank economists have warned.

Two smaller banks have followed the big four in ending their sub-4% special rates, as mortgage rates creep up to more normal levels.