The Commerce Commission says it will be another three months until it completes itsinvestigation into how ING's Diversified Yield and Regular Income Funds were sold.

Opinions within the financial industry point to a preference of National Australia Bank (NAB) taking over AXA rather than AMP.

Property investors have paid an extra $63.6 million since Inland Revenue started a crackdown programme.

Jenha White explains the changes to Fidelity Life's new range of life insurance products and finds out what one researcher has to say about the changes.

Harcourts is predicting solidity in the New Zealand residential real estate market in 2010 and improvement in both coastal and rural areas.

Mortgagee sales are at historically high levels and numbers are expected to remain high in the New Year.

If the top rate of income tax is lowered house prices will fall 14%, along with the number of willing landlords, Westpac predicts.

ING has become the first KiwiSaver provider to hit the $1 billion mark in funds under management.

After 42 years as a financial adviser Ken Swain is handing the reins of Swain Financial Services in Invercargill and Queenstown over to Lifetime Financial Security NZ.

Residential real estate is reporting a better matching of buyers and sellers in the last month and there are reports of an upturn in residential construction according to the BNZ Confidence Survey.

Sales of life insurance policies have soared over the last two years and it is largely because of mortgage brokers moving into the market.

Fidelity Life says insurance brokers should be trying to sell as much level term insurance to people as possible between now and June, as life insurance taxation will soon increase premiums.

Official interest rates are "virtually certain" to stay on hold next week Deutsche Bank economist Darren Gibbs says.

An Inland Revenue brochure issued on off-the-plan property sales contains potentially misleading advice, says the New Zealand Institute of Chartered Accountants (NZICA).

Fidelity Life says it is the first in New Zealand to increase insurance efficiencies by using Konnect SureMed, a new electronic service that radically speeds up medical insurance requests.

Fidelity Life is moving away from the battle to offer the highest upfront commissions on life insurance sales to a renewal commission model.