The Reserve Bank this morning confirmed the widely-held view that the OCR would remain unchanged for now. Here is what governor Graeme Wheeler had to say.

Smartshares has registered two prospectuses for the launch of four new exchange-traded funds (ETFs).

BNZ says NAB’s sale of its life insurance business to Nippon Life will not have an effect on its operations in New Zealand.

Former financial adviser and director of Strategic Planning Group Andrew Hrothgar Robinson has been sentenced to 12 months' jail. 

Kiwibank has received a formal warning from the Reserve Bank over its failure to meet some requirements of the AML/CFT Act.

Health insurer nib has made changes to its Ultimate Health Max policies.

Fidelity Life says it will support its advisers through upcoming regulatory change.

Sovereign has appointed a new chief distribution officer, who used to head one of Australia's adviser associations.

Three advisers have joined the SHARE network.