Former Life Underwriters Association president Harvey Cook is being remembered as an energetic, dedicated member of the insurance industry.

We've always believed that banks weren't keen on debt-to-income ratios (nor are advisers for that matter). We can tell you now that banks have fought the DTI proposals strongly.

The Auckland-based Insurance People group, which includes significant life, fire and general and mortgage advice operations, has been sold.

After a wide ranging review of its operations NZX has decided that its ETF business is a core part of its operations.

The common refrain heard from mortgage advisers is that banks are rationing credit, making it hard to get mortgages approved. But banks deny that's happening and blame the Reserve Bank.

One of Auckland’s largest mortgage and insurance advice groups, Mortgage People, has changed ownership.

Ethical considerations are becoming an increasingly important requirements of those involved in investment management and advice, the head of the CFA Institute in this part of the world says.

PAA members are being told it was "disheartening" that the association could not get quorum for its recent annual general meeting in Auckland - and they'll need to do better if the establishment of Financial Advice NZ is to happen smoothly.

A client whose policy was avoided because he did not disclose health issues is a reminder to advisers that completing insurance applications on behalf of clients can be risky, the Insurance and Financial Services Ombudsman says.

The FMA has made it clear that promoting KiwiSaver funds on low fees only is wrong.

Consilium has signed Cliffe Consulting Limited and Alistair Bean & Associates Financial Services Limited.

Castle Point appoints a head of operations and looks to make further appointments to assist with distribution and client servicing.

In this latest episode of GRTV, Good Returns publisher Philip Macalister sat down with nib CEO Rob Hennin; Ana-Marie Lockyer, ANZ general manager wealth and products; MD of Fiducian, Indy Singh; and Fidelity CEO Nadine Tereora.