Most articles and reports about AI focus on its generative capabilities, which are admittedly more exciting to discuss when it comes to creating content and handling tasks traditionally thought strictly as ‘human’. However, AI has been around for years in various algorithms and solutions used by advisors to help them be more efficient, responsive, and comprehensive with their roles and customers.

[UPDATED] ASB has reported a 10.8% fall in first-half statutory net profit, reflecting a sharp drop in profit margins as well as sharp drops in both interest income and interest expense.

Stewart Investors become founding member of the Responsible Minerals Initiative Investor Network.

Inflation expectations falling back across the board will be welcome news for the Reserve Bank.

Richard Klipin has resigned as the chief executive of the Financial Services Council (FSC).

Two new board appointments at health insurer nib add new perspectives, chairman says.

A property finder is urging investors to consult their mortgage adviser on how debt-to-income (DTI) restrictions, which RBNZ will probably implement about mid-year, will affect their buying power.

Generate becomes one of the largest boutique KiwiSaver managers.

Despite unemployment ticking up to 4% from 3.9%, labour market conditions haven’t eased as much as the Reserve Bank expected making it likely that the first OCR cut will be later than financial markets are pricing in, says Westpac.

Australian mortgage adviser association sets up shop in New Zealand with a name very similar to FANZ and its new country head is an ex-FANZ staffer.