Financial advisers face much tougher penalties if they breach the rules under the new regulatory regime.

A philanthropist and global business leader is joining the fund manager's governance team.

Investment manager Legg Mason is expanding its presence in the New Zealand market with the launch of a PIE fund targeting retail investors for the first time, as well as institutional investors.

Running an approved provider list isn’t exactly a compliance requirement – yet – it is good communications practice, which arguably makes it important right now.

A consultation paper for feedback on the new code of conduct for financial advisers should be available by the end of next month.

An injection of capital from an institutional investor has boosted NZX’s Smartshares emerging markets ETF.

Financial services investor Sterling Grace has bought out the minority sharehodlers of Trustees Executors for $4.9 million.

Adviser group Share has appointed three new advisers.

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75%.

The Financial Planning Standards Board (FPSB), owner of the certified financial planner (CFP) certification programme outside the US, is growing its numbers.