The traditional wisdom is that investors typically benefit from a negative correlation between equities and bonds, with falling stock markets being associated with buoyant fixed interest markets as bond yields decline (and vice versa), thereby smoothing combined returns. 

The bank says around a third of its business now comes from advisers and chief executive Shaun Drylie gives his views on commission models.

Liquidators of Ponzi scheme Ross Asset Management have signalled they want more than $21 million from the investors who made profits from the scheme.

In this latest episode of GRTV, Mike Newton of advice firm Newton Ross discusses the "scary" make up of the new code working group, Hobson Wealth Partners' Warren Couillault talks about the rising cost of providing financial advice and finally Paul Moore of PM Capital explains why passive managers’ luck just might run out.

A former registered financial adviser who forged clients’ initials and falsely amended insurance applications has been sentenced to 150 hours of community work, six months' community detention and ordered to pay reparations of $16,461.24.

Plus4 Insurance Solutions, the national insurance advisory and financial services group, today announced that Lyndal Cruickshank Brunt, a Registered Financial Adviser based in Queenstown, has joined the group.

Harbour Asset Management has pointed Ruari McGregor as its new chief operating officer to replace Jody Kaye.

Harbour Asset Management is getting a shake-up at the top level as a key person moves on.

ANZ is set for a change at the top of its debt capital markets operation in this country.

There is a risk that a lack of independent advisers on the working group developing their new code of conduct will cost New Zealand its opportunity to provide a sensible framework for advice, one adviser says.

Many medical insurance policies offer little cover for mental health, a new report has found.

Passive managers’ luck may run out over the coming years, one fund manager says.

It now costs 50% to 100% more to provide financial advice than it did five years ago, says Warren Couillault, executive director of Hobson Wealth Partners.