The latest survey of banks has revealed a huge increase in profits across the sector, with the total passing the $7 billion mark.

The Financial Markets Authority has hired London-based Daniel Trinder as its new role of executive director of strategy and design.

The veteran mortgage broker John Bolton thinks Debt to Income (DTI) ratios for lending control are not such a bad thing after all.

An Auckland woman who took part in a multi-million-dollar mortgage fraud scheme with her husband and another couple was sentenced, last week, to 12 months home detention after pleading guilty.

Cigna New Zealand has changed its name to Chubb Life Insurance New Zealand and is now operating under the Chubb brand.

Fisher Funds has revealed its new investment management team post the takeover of KiwiWealth, but few of the KiwiWealth team have survived the merger.

After a year of garnering wholesale investor input and subsequent seeding, Kernel Wealth is launching one of the few Paris-aligned index funds available to Kiwi retail investors.

The National Party wants Parliament's Finance and Expenditure Select Committee to hold an enquiry into the banking industry.

Partners Life's long-standing general manager of adviser engagement is leaving to start a new chapter in his life.

The chief executive of the real FANZ, SBS-owned Funds Administration New Zealand, is moving into retirement after a long and successful career in financial services.

Advisers have reminded that they must keep good records and these must be managed efficiently for ease of access.

Fidelity Life has added a head of regulatory affairs who will be responsible for building and maintaining relationships with regulators, policy makers and industry bodies.