Normally we don't hear too much about the Investment Savings and Insurance Association (ISI) and what it's up to. This week has been the exception - and for all the wrong reasons.

Use of platforms will no longer be a barrier for advisers wanting to claim independence, the latest version of the draft Code has confirmed.

South Canterbury Finance clawed back more than $50 million in outstanding debts over the June quarter as it approaches a $500 million "wall of maturities" of debentures coming due in October.

Wellington

Twelve lenders dramatically reduced their long-term fixed rates between two to five years over the last week with four lenders dropping their five-year rate by more than 70 basis points.  

The Securities Commission has accused the directors of failed financier Dominion Finance and its sister company North South Finance of misleading investors, and has laid criminal charges and civil proceedings against them.

The Securities Commission has accused the directors of failed financier Dominion Finance and its sister company North South Finance of misleading investors, and has laid criminal charges and civil proceedings against them.

The Insurance Savings and Investment Association says it is prepared to consider making "improvements" to its new anti-churning policy after hearing feedback from advisers.

The New Zealand Mortgage Brokers Association (NZMBA) has announced the addition of a new award to be presented at its Gala Dinner next month.

How households react to lower mortgage rates is key, with some suggesting this could lead to more Reserve Bank tightening according to ANZ.