Invercargill-based bank SBS has scrapped volume-based commission and changed its remuneration model for advisers, as lenders respond to Australia's Sedgwick report. 

Newpark reveals details of its new mortgage dealer group and promises advisers it will bring a new model with "choice and flexibility" to the market.

We now have The Code of conduct for us released for feedback, and feedback you need to provide. Take the time and respond.

Advisers are waiting for more detail on what AMP’s sale of its life business, and planned IPO of its wealth management arm, will mean for them.

Mortgage lending to property investors fell to $1.01 billion last month amid ongoing tightening on interest-only credit, the latest Reserve Bank data shows.

AMP will work through the implications of its life business sale and upcoming wealth IPO with the advisers potentially affected, its New Zealand managing director Blair Vernon says.

AMP is to sell its wealth protection and mature business, AMP Life, to Resolution Life and reinsure its New Zealand retail wealth protection with Swiss Re in a deal worth A$3.45 billion.

It looks like New Zealand's property market may have reached a floor, and the worst could be over for property market activity, argues CoreLogic's head of research Nick Goodall. 

Feedback has been positive to Partners Life's move to step back from high-profile international conference. Now AIA and Sovereign question the future.

The number of hours advisers are required to spend on continuing professional development under the new regime may be a question for professional bodies, the code working group has said.

Australian non-bank lender Homeloans Limited and subsidiary RESIMAC are to merge under a single brand as the company continues to build market share in New Zealand.

It's a bit of a late email from TMM today but the story we wanted to show you made it worth sending this update.

New Zealand’s pension system has been ranked ninth in the world in terms of its ability to meet the needs of a changing population.