Despite the heavy hand of the RBNZ continuing to hurt households and businesses, New Zealand’s smallest main bank is confident interest rates will move downward as soon as November.

Fidelity Life has introduced significant enhancements to its Monthly mortgage repayment cover and Mortgage Protection Cover, in direct response to feedback from advisers.

AMP Wealth Management NZ is the first of New Zealand’s large, non-bank KiwiSaver provider to offer term deposits.

Resimac is closing down its New Zealand home loans business.

Kiwibank sister company NZHL is warning against switching from commissions to fee-for-service for mortgage advisers, saying that would deter consumers from seeking advice.

Mortgage holders can expect at least another six months of struggling to save or cope with unexpected bills as they are squeezed by high interest rates and poor economic conditions.

Smartshares makes an appointment to a newly created role; General Manager - Business Development and Distribution.

Advisers play a key role for their clients when it comes to personal finances – such as providing advice on personal loans and mortgages. But what about business finance?

Foundation North appoints Frank Jasper to chair its investment committee.

PIC Insurance Brokers has entered into a new strategic partnership with real estate company RE/MAX New Zealand as the exclusive insurance broker.

The Financial Markets Authority (FMA) has published an information sheet specifically for smaller firms to assist in establishing and maintaining a Fair Conduct Programme (FCP) and applying for a Financial Institution (CoFI) licence.

A mortgage adviser who has worked in both Australia and New Zealand isn't a fan of the Australian system which accept mortgage applications through an old portal and says much depends on the portal.