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

The Reserve Bank released its Financial Stability Report this morning. Here's what they said about it:

The Financial Services Council's controversial report into life insurance has claimed another scalp with AIA joining Partners Life in resigning its membership.

David Scobie, a senior consultant at Mercer, questions what part income funds should play in investor portfolios.

Partners Life has quit the Financial Services Council (FSC) following a report they say lacked impartiality and was bias against registered financial advisers.

Pathfinder has hired a new analyst.

AIA and Asteron now offer policy wordings that mean income protection clients who get a large pay rise no longer find themselves disadvantaged if they claim shortly afterwards.

Hanover investors will see the first repayment of their money since 2009 this month.