Former AIG managing director and GM of AIA NZ David Whyte argues a drop in commissions won't drive advisers out - because high commissions aren't attracting them in any great number.

Almost half of New Zealanders would like to increase their KiwiSaver contributions by 1% at a time that suits them, according to a new survey by ANZ.

AMP Capital has promoted Vicky Hyde-Smith to the role of co-head of New Zealand fixed income.

ASB has joined Westpac, BNZ and ANZ in making it tougher for overseas purchasers to get a home loan.

The Financial Markets Authority has been told it must provide more details of the case it is taking against Milford Asset Management portfolio manager Mark Warminger.

NZX says support from financial advisers has helped grow its exchange-traded funds’ FUM to new heights over the past 18 months.

Southern Cross Healthcare's former group chief executive officer Ian McPherson, has died, aged 66.

Mortgage advisers could well end up in having a new association if plans released today get the green light from members of the IFA and PAA.

The Institute of Financial Advisers and the Professional Advisers Association have told members they plan to create a new organisation: Financial Advice New Zealand

The Reserve Bank governor Graeme Wheeler says the LVR restrictions introduced by the bank have been "very successful".