The latest Reserve Bank figures show investors borrowed just $886 million in February, down on the same month in 2017 and 2018, as first home buyers narrow the gap.

Fidelity Life says its new adviser programme will help smooth the way to the new licensing regime.

Fidelity Life says it has not yet determined a path forward for health insurance once its agreement with nib ends on June 30.

"Broken" David Ross faces at least another year in jail after his parole consideration was declined.

The Financial Advisory Disciplinary Council, (FADC) yesterday, prosecuted its first case against an insurance adviser over non-disclosure issues.

Former Resimac New Zealand general manager Adrienne Church says she is excited to be bringing a small business loan offering to mortgage advisers in New Zealand.

Mortgage Express has hired a banker from BNZ to add to its team in the south Auckland area.

BNZ has slashed its two year classic mortgage to 3.99%, but owner-occupiers, rather than investors, will benefit from the sub 4% rate.

Fund managers have been told the status quo can continue in regard to GST on their fees.

The terror attacks last Friday in Christchurch weren't something I was going to write about; but they have dominated the media (rightfully) all week and impacted on financial services too.

Leading economists do not expect a change to the OCR next week, and predict the central bank will maintain a cautious outlook on the domestic and global economy. 

Mint Asset Management is removing its performance fees on retail funds and founder Rebecca Thomas says the Financial Markets Authority should monitor what other managers are charging.

Australian research has shown a disconnect between what clients are prepared to pay for risk advice and what advisers would need to charge – and commentators say the same situation would be found in New Zealand.