AMP Capital has appointed a new head of distribution, to fill the position left vacant when George Carter moved to Nikko Asset Management.

KiwiSaver providers are focusing more on pushing products than providing advice to ensure their members are in the right funds, the Financial Markets Authority says.

The Financial Services Council is launching a new website, MindTheGap.co.nz, to promote income protection insurance to New Zealanders.

Martin Keane has joined Camelot Groups’s Christchurch office.

Sovereign, like other members of the Financial Services Council, disagrees with parts of the controversial MJW report and says the focus for change needs to be around issues other than remuneration.

The group of Rutherford Rede financial planners which set up Grosvenor Financial Services are about to sell their holdings in the firm to management.

KiwiSaver providers have been told how the Official Assignee will access the savings of people who go bankrupt.

Asteron and Fidelity Life have both slammed the FSC report on life insurance saying that the authors Melville Jessup Weaver have done a poor job.

New Zealand's insurance industry should stop blaming advisers for what might be perfectly natural rates of client attrition, one commentator says.