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.

In just 65 advice process reviews, Independent Development Solutions (IDS) director Barry Read said he managed to identify and resolve regulatory issues that could have resulted in $5 million worth of fines.

The Serious Fraud Office (SFO) has announced it is investigating financial advisors Investment Solutions Ltd.

The country's largest disputes resolution scheme dealt with just three complaints involving financial advisers over the first six months of the year.