Companies involved in the recreational cannabis industry have been excluded from the $37 billion NZ Super Fund. The exclusion does not include companies involved with licensed and authorised medicinal cannabis.

Hawke’s Bay financial advisory firm Stewart Group and its Boutique Advisers Alliance (BAA) have announced the appointment of Don Brash as an advisory board member of the firm.

Commonwealth Bank of Australia group marketing & strategy executive Vittoria Shortt will be ASB’s new chief executive, it was announced today.

A new year is set to bring a new operating environment for financial advisers, and the country’s dealer groups are working through what that might mean to them.

TSB Bank will repay about 2,800 customers who were inadvertently overcharged for terminating their fixed-term lending agreements.

Michael Cullen chairing the new government's tax working group could be a boon to the KiwiSaver industry, it has been predicted.

New professional association Financial Advice NZ appears to be addressing concerns about how it will represent all strands of advice, by opting for a system of colleges.

NZ Super Fund CEO Adrian Orr will be the new Reserve Bank Governor from 27 March 2018, Finance Minister Grant Robertson announced today.

The Financial Markets Authority has told incoming Commerce and Consumer Affairs Minister Kris Faafoi that it is working through its preparations for the new financial advice regime.

A key member of the FMA's executive team is moving to a fund manager role.

This week we have seen a little movement in home loan rates, but we would have to stress it is only little. With the Reserve Bank loosening, ever so slightly, its LVR restrictions it will be interesting to see if that generates a little more activity from lenders.