Authorised Financial Advisers (AFAs) will not be expected to have “detailed written research of the kind undertaken by an investment analyst” when recommending shares to clients.

Financial advisers played a prominent role in the ING frozen funds debacle through mis-selling and poor advisory practice, according to the Banking Ombudsman Services (BOS) annual report.

Westpac and Kiwibank have moved quickly after last week's official cash rate announcement and lowered all their fixed rates. Here we compare the changes to see which one has gone the lowest.

Mortgage Express has announced the appointment of Gary Xie and Darrin Bunt who will join Cooper and Co Real Estate on Auckland’s North Shore.

Labour took a couple of big policy leaps this week, not only - as expected – proposing compulsory KiwiSaver but also lifting the pension age.

Kiwibank is lowering its entire fixed rate card with some large changes especially for longer term home loans.

The Reserve Bank has left the Official Cash Rate on hold but it is unclear how long they will stay unchanged. Read what the bank has to say about rates here.

PSIS has been granted registration as a bank and has changed its name to The Co-operative Bank, with both changes effective from today.

The creation of a joint board for the PAA/NZMBA is in its final stages and members of both bodies are strongly supportive of the two working closer together.

Deteriorating growth outlook likely to keep rates on hold; Weekly News Quiz; Harbour commentary: Waves of pessimism and optimism; FMA intent; Awards succcess for NZ advisers.