Bank targets for mortgage advisers cause more damage to customers than adviser commissions, according to lender Southern Cross Partners.

Insurers may be unlikely to pay out many claims for the Christchurch mosque attacks – but not because of any exclusion written into their policies.

Increasing regulation and compliance requirements are reducing advisers' contact time with clients to less than a quarter of a typical day.

The Financial Markets Authority has made two new management appointments.

Luke Jackson has left his role as CEO of peer-to-peer lender Southern Cross Financial after three and a half years in the role.

One of the staff who kept the Institute of Financial Advisers running smoothly for more than a decade has signed off from adviser associations.

Enrolments for the Level Five financial services qualification are up “overwhelmingly” on last year, one education provider says – but some experienced advisers could face hurdles as they return to study.

Online SME lender Spotcap has hired Simon Keast as managing director for Australia and New Zealand, as the Berlin-based finance company aims for regional expansion.

One man has been jailed and two men sentenced to home detention at the Auckland High Court for their part in using finance companies to try to save commercial businesses during the global financial crisis.

The Reserve Bank has surprised economists by stating the next OCR move is "likely to be down" due to slowing domestic and global growth. 

The Reserve Bank has kept the OCR unchanged and says the next move is likely to be down. Find out why in the Governor's statement here.

KiwiSaver provider AMP says its latest marketing campaign has encouraged more than 100,000 customers in its default fund to make an active choice about their investments.