The group of Rutherford Rede financial planners which set up Grosvenor Financial Services are about to sell their holdings in the firm to management.

KiwiSaver providers have been told how the Official Assignee will access the savings of people who go bankrupt.

Asteron and Fidelity Life have both slammed the FSC report on life insurance saying that the authors Melville Jessup Weaver have done a poor job.

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.