[UPDATED] If the Financial Markets Authority's KiwiSaver Tracker was designed to make investors wary of higher-fee funds, it is not achieving its goal, one fund manager says.

UDC Finance has posted a record net profit after-tax of $65.3 million for the year to September 30, a 6% increase on the prior financial year.

As we all know, New Zealanders are under-insured, particularly in terms of personal risk insurance.

The Reserve Bank of New Zealand has appointed Patrick Hoerler, the Assistant Governor and General Manager of Business Operations, to its senior leadership team.

Partners Life says its sales volumes have exceeded its own forecasts and it now holds the number one position for new business written.

Wondering what is in store for residential and commercial property across the spectrum in the coming year? Here’s what Colliers International New Zealand’s have to say in their annual predictions…

Mortgage adviser group Squirrel has launched an innovative product to help first home buyers get on the property ladder.

Cases such as Brian Ferguson's public warning highlight that old ways of thinking may not work in the new advice regime, Partners Life's general manager of product, Steve Wright, says.

The Ministry of Business, Innovation and Employment is expecting the majority of financial advisers and QFE advisers to carry on in the new regime.

A week after Cigna’s official acquisition of ANZ’s One Path, Cigna said its new team was settling in well.

ASB has appointed Vanguard Investments Australia as the new investment manager for the Australasian Equity assets of a number of its products, including the ASB KiwiSaver scheme and ASB Investment Funds.

Following a wave of criticism in the Royal Commission, Australian mortgage advisers have launched a fightback against industry reform.

Two directors of a New Zealand wealth management firm are in hot water with the Australian regulator.

FSC, FMA and MBIE are getting together in March to offer advisers the chance to learn more about changes happening to the world of financial advice.

BNZ is looking to lure first home buyers with a new shared ownership scheme, the first of its kind in New Zealand.