Less than one quarter of KiwiSaver members sought financial advice, yet of the 18% of people who have switched schemes, 12% did so after a recommendation from a financial adviser.

Something new for advisers to worry about in their newly regulated world is another freshly-minted set of laws they will need to follow to help combat money laundering.

Westpac's New Zealand mortgage book apparently grew strongly in the June quarter when a sharp drop in bad loans helped net profit jump 34.7%.

Term deposits and rental property remain the investment of choice for the majority of Kiwi's, while Budget changes have dented KiwiSaver's popularity, according to the latest ASB Investor Confidence Survey.

Plus4 Insurance Solutions has announced that Chris MacKay Financial Planning (CMFP) has joined Plus4, boosting the group’s Wellington presence.

The latest survey of economists, done by Mortgagerates.co.nz, shows that even the experts are unsure of what will happen with interest rates.

The Adviser Channel is still up and running though there is some uncertainty around founder Mehernosh Kotwal's relationship with TNP.

While some parts of the Government's recently released Financial Markets Conduct Bill overlap with the Financial Advisers Act, advisers shouldn't be worried they will be facing another raft of regulatory changes.

Stability and consistency around regulation is the main thing advisers want to see now, according to newly reappointed Code Committee chairman Ross Butler.

NZMBA chairman Darren Pratley talks to goodreturns.co.nz editor Philip Macalister about the tie up between the NZMBA and Professional Advisers Association.

The Financial Markets Authority (FMA) has announced three further appointments to its strategic leadership team under chief executive Sean Hughes, and announced its new Auckland premises.