Rod Carr, the vice-chancellor of the University of Canterbury, has been appointed chairman of the Reserve Bank.

Authorised financial advisers will likely have to navigate extra hurdles to prove they are capable of offering discretionary investment management services (DIMS) when new regulations come into force.

It's been an FMA week with lots of news from the regulator. And be warned next week is likely to have a heavy FMA focus too. As we report today the authority is due to release a number of papers next week which will no doubt capture the attention of advisers.

Asteron executive manager intermediated sales, Mark Frecklington, says the company has seen a good lift in sales since it rolled out product changes last year.

[VIDEO] AMP NZ chief economist Bevan Graham is one expert who is picking an early OCR increase. In this video he explains why.

In its latest Outlook for Borrowers BNZ is expecing floating rates to start rising and sees value in fixed rates in the two to four year range

Standard & Poor's warms to GFNZ’s moratorium exit, but isn’t roundly applauding it.

TOWER has revealed it is in discussion with the Reserve Bank about its solvency margins.

The Financial Markets Authority has defended its decision not to name two KiwiSaver funds that it felt were in breach of regulations.