A new appointment has been made to the Financial Markets Authority board.

With this week's newsletter I've decided to keep it solely focussed on one topic: The work of the Code Working Group because of its importance to you as an adviser.

Financial Advice NZ is taking the next step in its development – attracting members.

New Zealand has received mixed scores in the latest Morningstar Sustainability Atlas.

Kiwibank has cut pricing across its 1 to 5 year fixed rate home loans, effective from Monday.

Health insurer nib has added complementary travel insurance for all new Ultimate Health customers.

This may come as a surprise to many of us, but the Reserve Bank is now saying LVR restrictions are permanent and not temporary. However, if there is a plus it's that since the slight LVR easing earlier this year investor lending has picked up.

[ROYAL COMMISSION] AMP says it apologises “unreservedly” and its chief executive will stand down immediately, after its misconduct was brought to light by Australia’s banking royal commission.

The Financial Markets Authority is working with fund managers to understand why some of their quarterly fund updates show markedly higher fees than their PDS estimated indicated they would charge.

Sovereign has announced enhancements to its income protection and mortgage and income protection products that are designed to provide customers with more options and flexibility.

CBA is to list Colonial First State Global Asset Managment (CSFGAM) on the Australian stock exchange this year.

QPR's Quotemonster service is changing its pricing model and in the process of launching a new service to help risk advisers offer advice.