New Zealand’s financial services sector has its hopes pinned on the Tax Working Group recommending incentives to encourage investing and long-term saving.

John (Jack) Bogle, who has died aged 89, was a pioneer and popular champion of low-cost fund products for the American retail investor. He founded Vanguard Investments and is widely acknowledged as the father of index fund investments. 

The NZX and Financial Markets Authority are reviewing the country’s capital markets with a view to boosting the number of new listings.

Criticism of a closed Fisher Funds scheme has highlighted the issue the sector has with legacy products.

A new version of the New Zealand Certificate in Financial Services has been reviewed and signed off by the New Zealand Qualifications Authority.

Asteron Life is tweaking some of its materials to help customers have better conversations with advisers about the products offered.

Recent market volatility is an opportune time for investors to re-examine their portfolios, especially with respect to their risk appetite, actuarial firm MJW says.

Long-time insurance adviser Cam Bailey is being remembered by the industry.

Two authorised financial advisers (AFAs) have started the new year with job changes.

For those of you back on deck, welcome back. 2019 will, I think I can boldly predict, be an interesting year with many challenges for the financial services industry.

The Reserve Bank's new capital proposals could force Kiwis to pay $1.9 billion-$2.7 billion more for their mortgages each year, investment bank UBS has warned.

Westpac has slashed its one year special rate to under 4%, prompting the possibility of another mortgage price war in 2019.

A Financial Markets Authority and Reserve Bank report into life insurers’ conduct is due at the end of this month – and insurers are bracing for a tougher line than was taken with banks.

New Zealand banks may be reluctant to let go of their wealth businesses because of the profitability of those segments.