Loan Market mortgage brokers could be cross-selling up to 70% of their lending clients into insurance products, according to the group's CEO, John Tanner.

Listed Australian hedge fund manager HFA has begun seriously targeting the New Zealand market with a senior sales executive appointed to drive growth here.

ING is well-placed to ride out the credit market "contagion" that has hit two of its most popular funds, according to Steven Giannoulis, the group's head of marketing and client service.

Financial planners are largely unaware of the "corporate value" of their businesses, according to a survey carried out by the Goldridge dealer group.

Leader of the opposition, John Key, has flagged the idea of tax cuts for investments outside of housing to boost New Zealander's savings rate and lift the attractiveness of KiwiSaver.

Leader of the opposition, John Key, has flagged the idea of tax cuts for investments outside of housing to boost New Zealander's savings rate and lift the attractiveness of KiwiSaver.

The Institute of Financial Advisers (IFA) should learn from the Australian regulatory experience and "grapple with the grey areas" between legislation and regulation, Jo-Anne Bloch, head of the Financial Planning Association said yesterday.

Australian hedge fund managers have moved to reassure investors as the fallout from the Basis Capital crisis gathers force.

Plan B, the West Australian-based financial services firm which lists on the ASX today, is introducing a new adviser platform into its New Zealand planning practices this week.

Brook Asset Management has launched a new fund targeting medium-sized listed Australasian shares.

The May Budget has spurred almost one-third of New Zealand’s financial planners into giving advice on KiwiSaver. according to a recent survey carried out by Good Returns and ASSET magazine.

Tranzact, the ASX-listed entity which is almost 60%-owned by Grosvenor, has merged the two advisory practices it bought in April with another two Rutherford Rede businesses.

The prospect of a single co-regulatory body representing insurance and investment advisers is once again on the agenda after the four major industry groups agreed to new talks this week.

The Life Brokers Association (LBA) will continue to operate in its own right after its members failed to approve a merger with the Professional Advisors Association (PAA) at its AGM last week.

It could be up to three years away before the proposed regulation of financial advisers comes into force, delegates at this week’s Society of Independent Financial Advisors (SIFA) were told this week.

Last month’s proposed merger of Australia’s two largest financial services education firms, Kaplan and Finsia Education, looks set to reverberate in New Zealand.