Financial planning firm Stewart Financial Group has appointed NZIER economist Aaron Drew as its chief investment officer.

Some major changes will have to happen to New Zealand’s financial advice sector if it is to follow the United States’ lead and grow, commentators say.

A group of industry bodies has met representatives of MBIE and FMA to discuss the FAA review options paper.

Peer-to-peer lender LendMe has hit back at suggestions the fees it charges may be in breach of the Credit Contracts and Consumer Finance Act.

Plus4 Insurance Solutions (Plus4), the national insurance broking and financial adviser group, today announced that Roy Norris has been appointed a director of the cooperative group’s board. 

AMP Capital may be set to close its Strategic NZ Shares Fund, worth $150 million.

Lifetime Income Limited has been licensed by the Reserve Bank of New Zealand (RBNZ) and given approval to provide variable annuities in New Zealand.