A mass email from the Professional Advisers Association inviting its members to a Partners Life product launch has been swiftly followed by an apology and an assurance that "this type of communication will not be sent to members in the future." 

It's with much of pleasure I can invite you to visit our new news site specifically for mortgage advisers. TMMOnline.nz is where we plan to deliver most of our news for mortgage advisers from now on. It would be great if you took a look at the site and gave some feedback on it.

The Reserve Bank today left the Official Cash Rate unchanged at 2.25%.

David Boyle and David Wallace have ended their terms on the board of Workplace Savings.

Reserve Bank oversight of the New Zealand insurance and banking sectors, and Financial Markets Authority regulation of the markets, are to be assessed by the International Monetary Fund.

Westpac says it has no plans to review commissions paid to brokers in New Zealand, despite a review across the ditch.

Players in the financial advisory industry have revealed their hands in their submissions on the Financial Advisers Act Review Options Paper. 

More than a third of New Zealanders would be willing to use money from their KiwiSaver accounts to pay for advice on what to do with it, ANZ research shows.

[UPDATED with Quirk comments] The Guardians and Milford have mutually agreed to part ways a year after the company was suspended as a manager.