Auckland-based boutique fund manager Huljich Wealth Management has closed most of its unit trusts as its push into the KiwiSaver market ramps up.

Investment administration platform Aegis has refuted recent media claims that charging fees on impaired assets is unfair.

With a month to go before Gould Holding's offer for Vestar goes unconditional the Rotorua branch of the beleagured financial advisory chain has shut its doors.

The New Zealand market may soon experience a flood of Australian investment products following the signing of a ground breaking trans-Tasman deal last week.

AMP Financial Services has cleared out its senior management team with a number decamping to Tower.

The advisory industry associations currently co-operating under the 'G4' banner are about to formalise the grouping as the Financial Adviser Associations of NZ (FAANZ).

Fidelity Life has emerged as the second insurer to support the risk advice system developed by Rotorua-based firm, Risk Management Solutions (RMS). According to Chris Louisson, RMS founder, Fidelity has come in "boots and all" behind the group's Life Risks Report Writer software by offering its allied advisers the system at a discounted price.

Dominion Finance has postponed its attempt to secure a rating from international research firm Standard & Poors (S&P) until market conditions in the sector improve, according to CEO, Paul Cropp.

Dominion Finance has postponed its attempt to secure a rating from international research firm Standard & Poors (S&P) until market conditions in the sector improve, according to CEO, Paul Cropp.

Commerce Minister Lianne Dalziel has formally asked the Securities Commission to clarify the legal status of Blue Chip investments.

Finance company failures to date could see direct losses to investors of just over $1 billion, according to Reserve Bank Financial Stability Report published yesterday.

Health insurer Accuro is looking for a new CEO following the resignation of current chief, Dragan Radic. Radic will leave Accuro on June 20 to take up a job with the United Nations (UN) labour organisation in Asia.

The US-based institutional manager Axa Rosenberg is touting a new international equities long/short fund to institutional investors in Australia and New Zealand.

Public anxiety in the wake of continuous financial product failures has pressured the government to amend the Financial Advisers Bill, Lianne Dalziel, Commerce Minister, confirmed in a statement yesterday.

Public anxiety in the wake of continuous financial product failures has pressured the government to amend the Financial Advisers Bill, Lianne Dalziel, Commerce Minister, confirmed in a statement yesterday.

AMP Capital is weighing up changes to its NZX-listed World Index Fund (WINZ) that could see it change benchmark or move to an enhanced passive strategy.