Confirmation of a “collaborative approach” to fintech between the Financial Markets Authority and its Australian counterpart, ASIC, is being described as good news for New Zealand financial service providers.

An exemption to allow roboadvice in New Zealand will include the provision of personal insurance products, something which one insurer has argued could lower commissions to advisers.

ANZ has revealed a high-profile former prime minister is to chair its board in New Zealand.

ANZ has announced John Judge will be retiring from its board of directors in January 2018 and former prime minister Sir John Key will become its new chair.

ANZ says it’s “business as usual” for ANZ Insurance and OnePath in this country, as the bank enters an agreement to sell its Australian OnePath pensions, investments and aligned dealer groups business.

ANZ general manager Wealth Products, Ana-Marie Lockyer, says the focus with KiwiSaver should be on returns-after- fees, rather than just on finding the provider that offers the lowest fees. +GRAPH

One of Canterbury's longest standing financial advisory institutions is merging to become one of the largest independent financial advisory firm in NZ.

Booster chief investment officer David Beattie says people should be taking more risk in their KiwiSaver funds.

Lyn McMorran is a familiar face to many in the industry - an AFA, executive director of the Financial Services Federation and a former IFA president.  Here she admits her worst investment yet...

Pricier KiwiSaver funds are delivering better returns for their members, the country’s biggest provider says.

AMP Capital is repositioning its Australian equities business, citing increasing investor demand for income-focused products.

A Christchurch man who used his businesses to conduct a Ponzi scheme has pleaded guilty. It is believed investors lost more than $17.5 million.