Westpac has reported a record half-year profit despite increasing competitive pressure on its loan book.

New Zealand Home Loans has appointed Aaron Skilton as chief operating officer.

New Zealanders with memories of financial crisis pain may be letting misinformation get in the way of retirement savings, a new survey shows.

Fund managers will get more access to Australia, Japan and Korea under new agreement - and international managers will find it easier to offer product in New Zealand.

The review of the Financial Advisers Act is likely to have a significant impact on mortgage advisers, however it appears none of the broker groups made a submission on the Options Paper. The PAA though, argues that all advisers should be authorised.

Pledge Me has had its application approved for a licence to move from crowdfunding into peer-to-peer lending.

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.