The FMA has sent a Information Sheet to fund managers about misconduct risks which is being interpreted as a response to alleged market manipulation at Milford Asset Management.

Mark Collins has, as reported by TMM Online, stepped down from his role as chief executive of Kiwibank-owned NZ Home Loans.

Former Mike Pero Mortgages advisers are trying to getting two year restraint of trade clauses overturned in court.

New Zealand’s Health Funds Association (HFANZ) is urging Parliament to support a member’s bill that proposes a 25% health insurance rebate for retirees and other measures to incentivise coverage.

Financial Services Complaints Ltd (FSCL) general manager Trevor Slater has announced he is leaving his role.

Mortgage advisers can rule out ASB introducing trail commissions anytime soon, according to comments from chief executive Barbara Chapman.

ASB has been growing its home loan book at a slower rate than the market and is looking for other parts of the business to continue its profitability increases.

Advisers who want to encourage their clients into less conservative investment options to provide better retirement income may have a hard road ahead of them, new research indicates.

Complectus group has appointed Grant Kemble as chief executive, assuming responsibility for day-to-day management from Andrew Barnes.