Trade Me’s head of insurance says the recent Reserve Bank and Financial Markets Authority report into life insurers has shaken consumer faith in the industry.

Nikko Asset Management received the top award as Morningstar's New Zealand Fund Manager of the Year last night for the second consecutive year.

Nikko Asset Management has appointed a new general counsel and company secretary.

January lending data from the Reserve Bank reveals first home buyers continue to grow their market share, closing the gap on property investors.

NZ Funds has appointed a second non-executive and independent director to its board.

Fund managers have taken issue with Sorted’s new tool for investors, which allows quick comparisons of a range of investments, including managed funds.

Resimac's New Zealand general manager Adrienne Church has resigned to take up a new role.

The Reserve Bank has reaffirmed its commitment to force banks to hold extra capital, despite criticism from major lenders.

Financial Markets Authority chief executive Rob Everett has reminded a select committee that, while the Government appears set to clampdown on adviser commissions, that wasn’t the automatic conclusion of the report into the life insurance sector.

Potential cuts to commission in Australia are unlikely to hit the value of New Zealand adviser businesses, says leading consultant Mike Moore.

Kiwi fintech Chelmer has opened its first international office, in the Philippines.

An Australian advice specialist who was originally tapped to join Juno has started in a new role with Kiwi Wealth.

Kiwibank is getting back to being a challenger brand after a couple of tough years and it’s looking at future partnerships - including mortgage advisers.