Advisers, both authorised and registered, have been warned by the Financial Markets Authority that enforcement will be tougher this year.

TAL, which used to be TOWER Australia, has announced the resignation of Elana Rubin from its board of directors.
 

A new Macro Financial Department in the Reserve Bank will play an important role in overseeing the stability of New Zealand’s financial markets, its deputy governor and head of financial stability says.
 

Advisers who highlight price as the most important benefit when offering a new product came under the Financial Market Authority’s spotlight in the last quarter of 2012.

Paul William Cropp has been found guilty of four Crimes Act charges laid by the Serious Fraud Office.

New Zealanders have more money tied up in small businesses than previously thought, Finance Minister Bill English told the Wellington Employers Chamber of Commerce today.

The Institute of Financial Advisers and IBANZ College have announced a partnership that gives all IFA members access to professional development opportunities through the college.
 

The FMA has reviewed the Mighty River Power share offer document and is satisfied it contains the information investors need to decide whether to invest.

Dealer group TNP is believed to have lost up to five staff after a restructure.

Auckland’s buoyant property market is prompting more brokers to enter the industry, says Loan Market’s chief executive David Hart.

Institute of Financial Advisers chief executive Penny Mudford says professional development director Joe Grayland achieved what he was appointed to do in his 18 months in the job.

Institute of Financial Advisers professional development director Joe Grayland has resigned, Good Returns has been told, and organisational politics are getting the blame.

Kiwibank is offering insurance to Christchurch properties in TC3, the most damaged outside the city’s red zone.