The review of financial adviser regulations has officially started and one industry leader is saying there should not be different classes of advisers.

Income protection cover rates have improved, the latest Financial Services Council statistics show.

AMP has handed out awards to top-performing advisers in its network.

Newpark has appointed Judy Wedgwood as its new training and compliance manager.

Terms of reference for the Financial Advisers Act review have been released.

Asteron Life has launched a new trauma benefit that could allow customers to claim for the same or related condition up to three times as their condition worsens.

Sovereign has appointed Nick Stanhope to the role of chief executive.

Funding from Accuro Health will help Wellington SPCA invest in a second surgery table.

AB Compliance has signed a strategic alliance with David Pine, of Pine Financial, based in Wellington.

SBS Bank’s push into the Auckland market, with the use of mortgage advisers, is starting to pay off.

NZX Limited and S&P Dow Jones Indices, one of the world’s leading providers of financial market indices have signed a strategic agreement to jointly develop, produce and commercialise co-branded investable indices featured on NZX platforms and related data products.

The New Zealand Superannuation Fund has filed debt recovery proceedings in the English courts against Novo Banco over $200 million lost in the collapse of a Portugese bank.