AMP has completed its divestment of A$440m worth of tobacco manufacturing-related holdings, including NZ$40m of tobacco securities in New Zealand funds.

Three Excellence in Advice Awards were handed out at the Financial Advice New Zealand conference in Rotorua. The winners are...

The Grand Court of the Cayman Islands has ruled that investors in the Torchlight Fund abused process in trying to wind it up.

Three advisers have been elected to the board of Financial Advice New Zealand.

Highly-regarded lawyer joins Partners Life to take on conduct role.

The Official Cash Rate will stay at 1.75 percent for now, the Reserve Bank has confirmed. Governor Adrian Orr continued to state the next move could be "up or down".

IFSO has updated its case study of a complaint lodged by a client whose adviser had not checked in with him in 20 years - clarifying that receiving servicing commission usually means ongoing obligations.

August data from the Reserve Bank reveals property investors took a smaller share of overall lending, as first-time buyers also slowed slightly.

BNZ is rivalling ASB with a special offer for Kiwibuild home buyers, including 95 percent loans for the government-backed homes.

A QFE’s investigation into its advisers’ replacement business processes resulted in two referrals to the Financial Advisers Disciplinary Committee.

PIE funds could get a shake-up if New Zealand were to implement a broad-based capital gains tax regime.

An investment adviser heavily backing A2 in his clients’ portfolios says he’s not worried about a dip in share price.

New Zealand shares were mixed as last week’s FTSE index adjustments rippled through major stocks today. A2 Milk, which has entered the FTSE Russell All World Index, led the declines; Sky Network Television, which made way for it, led the gains.