Sharper loan-to-value restrictions for Auckland investors should never have happened in the first place, it was argued today, as the Reserve Bank announced a little more leeway.

Grosvenor Financial Services has launched a stripped down range of funds aimed at investors concerned about fees.

Kepa's head of marketing and communications Nicola Smee is to step down.

Health insurer nib has lent its support to a bill that would require parent category migrants to have health insurance, and maintain it for 10 years.

Milford Asset Management's private wealth division has been grated a discretionary investment management service (DIMS) licence by the FMA.

New Zealanders have been paid out more than $1 billion in personal insurance claims each year for the past five years, the Financial Services Council says.

Sovereign has been given the Rainbow Tick, signifying the company offers a welcoming work environment for gay and transgender employees.

Harbour Asset Management says its appointment of a new specialist operations analyst should give advisers confidence of "no surprises".

Two advisers I know have recently taken the churn debate right into the public domain and uses it as a positive marketing strategy: in almost exactly opposite ways.

Robust house price growth – particularly in Auckland – is elevating risks to New Zealand’s financial system, according to Standard & Poor’s latest Banking Industry Country Risk Assessment (BICRA).

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.