A restraint of trade clause in a former Spicers financial adviser’s contract has been called draconian by a High Court judge.

The Health Funds Association says Roy Morgan's reseach on health insurance is wrong and the numbers don't stack up with what the association sees.

ASB has announced who will replace Blair Turnbull as head of its KiwiSaver and wealth business.

Apparently banks pull money out of thin air then lend it to borrowers for home loans. Here is what TVNZ reported.

An AMP-linked adviser has told an inquiry into Australia’s financial system that consumers are losing out because big companies have a bias to push their own products.

Westpac is the latest bank to remove its two-tier pricing for home loans, however it refuses to budge on its low equity margin.

Low-equity fees and interest rate premiums charged by banks for home loans are being reviewed by lenders and may become a thing of the past after a recent court case.

If you are a non-aligned AFA then you should read this Opinion piece from one of your peers, Carey Church.

More Kiwis running the risk with falling rates of health, home, car and life insurance. [WITH GRAPH]

Two former trusteee companies (they have a new name now) have come together in a new company and Milford Asset Management takes an ownership stake in the business.

[UPDATED- with KiwiSaver numbers] Macquarie Bank-owned Brook Asset Management has withdrawn its offer document from the market and is winding down its funds management operation in New Zealand.