This week has been one where we have seen lots of little competitive moves, open talk about splitting loans and one bank having a little dig at another.

No financial penalty will be imposed on an adviser who admitted breaches of code standards eight, nine and 12, the Financial Advisers Disciplinary Committee has ruled.

A growing view amongst the financial advisory community is that the Financial Markets Authority will issue very few licences to advisers to offer personalised DIMS, but others are lining up to offer class DIMS solutions.

The Financial Advisers Disciplinary Committee reserved judgement in a case heard today in Auckland against a former senior financial adviser.

The Financial Advisers Disciplinary Committee looks set to hear its first full case, but is suppressing details of the financial adviser facing charges.

National insurance broking and financial adviser group, Plus4 has added two Invercargill-based advisers to its group.

AMP’s AdviceFirst is expanding its reach.

One of the newest default KiwiSaver providers, Grosvenor Financial Services, is planning to shake up the market with its fund pricing.

Although there are a number of KiwiSaver funds marketed as ethical or socially responsible, the Sustainable Business Network, is seeing how much interest there is a new fund.

There has been a small increase in the proportion of lending going to borrowers with small deposits, new data from the Reserve Bank shows.