The final report from Australia's Royal Commission has called for a sweeping overhaul of mortgage adviser pay, including banning commission from lenders and making customers pay a fee for service.

About 60% of all KiwiSaver funds tracked by Morningstar ended 2018 in the red.

ANZ's former chief investment officer has taken up roles with BNZ.

Non-bank lender First Mortgage Trust has confirmed its management company has been taken over by the private equity firm Capital Group. The announcement comes after TMM Online revealed the deal on Friday.

Strong economic and population growth and a tight rental market mean Tauranga remains an appealing option for investors, writes Miriam Bell.

The Code Working Group is still on track to deliver a code of conduct for financial advisers to Commerce Minister Kris Faafoi early this year, its chairman, Angus Dale-Jones, says.

This week we witnessed one of the biggest take downs in the history of financial services in New Zealand. But was it warranted?

New Zealand investment firm Capital Group has bought the management company behind non-bank lender First Mortgage Trust.

Just months after opening an office in London Pie Funds' UK managing director has left the company.

Non-bank mortgage lending volumes jumped by more than $500 million last year, according to newly-released data, which underlines the growing prominence of alternative lenders.

A crackdown on high upfront insurance commissions could cut off the number of new advisers coming into financial services, it has been warned.

Wellington-based financial planning services company FoxPlan has appointed a former member of parliament as the first independent chair of its board.

Booster has snapped up the former Mahana Estates winery site, and announced the formation of the Booster Wine Group.