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ANZ says it is still working with Mercer and Blackrock to see what expertise it can tap into.

Fisher Funds CEO Bruce McLachlan has announced he is retiring and is being replaced by an ex-banker.

Mortgage advisers are becoming increasingly dominant in originating home loans as the annual results of the country's largest bank, ANZ Bank New Zealand, demonstrate.

Lifetime Retirement Income has added another $285 million in funds under management.

In changes at Mint David Boyle has resigned and a new head of retail distribution has been added.

Christchurch-based Lifetime group has acquired an advisory firm specialising in employee benefits.

First home buyers bought 27% of houses sold over the third quarter of this year – a new record high.

The amount of loans mortgage advisers are bringing to Bank of New Zealand continues to rise sharply, although they contributed slightly less to new lending in the six months ended September than they did in the six months ended March.

Financial Advice NZ chief executive Katrina Shanks questions whether there is room for another adviser association in New Zealand. 

New residential mortgages on fixed interest rates are at their highest level ever.