Ross Asset Management investors  may be set to get a break in the form of a tax refund from the Inland Revenue Department.

The Reserve Bank says it is still concerned about the housing market in New Zealand and it is too early to tell yet whether its lending restrictions are having any impact on the market.

A survey of the members of SiFA provides a snapshot of the group, made up primarily of owner-operated financial advisory practices.

Advisers continue to question the FMA about why it lets banks sell KiwiSaver without using AFAs - but they aren’t getting many answers.

ASB has cut its two-year home loan rate for borrowers with at least 20% equity in any deal.

Grosvenor Financial Services looks to exit Australia, become a default KiwiSaver manager and do some more deals in New Zealand.

BNZ says it is doing barely any lending to borrowers with a deposit of less than 20%.

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.50%.