Anyone wanting to know how Partners Life is getting on with its sales will have to wait a while.

Despite the tumultuous events over the last quarter, the rally in global equity markets has continued and investors should maintain an overweight position in overseas shares this quarter, Mercer says.

Pyne Gould has announced three executive team promotions at its Perpetual Group wealth management unit.

The adviser didn’t tell me, the adviser misled me, I told the adviser. . . these are the three main complaints levelled against financial advisers, according to Insurance & Savings Ombudsman Karen Stevens.

Regulation allied to relationships presents the adviser market with a number of key opportunities to take on their main rivals – the banks.

TSB Bank grew its mortgage book in the March quarter although its underlying net profit was virtually flat in what the bank describes as a “challenging” environment.

Standard & Poor's has announced it has raised its counterparty credit rating on PSIS from BB+/B to BBB-/A-3 and revised the outlook from positive to stable.

Moody's has downgraded New Zealand's big four banks by one notch, due to concerns around wholesale funding.

IFA takes professional development online; ANZIIF offers Level 5 accreditation; Ratings cut on NZ banks.

The insurance sector remains "one private members Bill away" from a ban on commissions, according to new Investment Savings & Insurance (ISI) chief executive Peter Neilson.

Kiwibank to join BNZ with an offset product.

The Financial Markets Authority (FMA) has begun monitoring Authorised Financial Advisers (AFAs), calling for Adviser Business Statements from a selection of AFAs.