A very useful session of industry commentators was held last week at a forum initiated by the IFA and PAA on the contentious subject of “putting the interests of the client first” versus “acting in the best interests of the client”, writes IFA chief executive Fred Dodds.

Fisher Funds has taken the top prize at this year’s FundSource Fund Manager of the Year awards.

A solid quarter has seen KiwiSaver investments shake off the impact of Brexit-induced market turmoil.

Institute of Financial Advisers president Michael Dowling is to serve the rest of his two-year term on the Financial Planning Standards Board as Asia-Pacific Forum chair.

Former Sovereign distribution boss Richard Klipin has been appointed the new chief executive of the Financial Services Council.

Z Energy is making an offer of unsubordinated, secured, fixed rate bonds across two series.

Westpac has abruptly stopped low-equity lending through mortgage advisers, while ANZ has loosened up its criteria around construction loans.

The $30 billion NZ Super Fund will become more resilient to climate change investment risk under a new strategy announced by the Guardians of New Zealand Superannuation.