AXA is removing the initial and renewal commission paid on risk protection policy fees to balance out the increase it is making to premiums in response to life insurance tax increases.

ING Life will not increase yearly renewable term premiums until personal tax rate cuts come into force on October 1.

Peter Lee has been appointed as the new chief executive of the Institute of Financial Advisers (IFA).

Premiums on AIA New Zealand Life Cover policies will increase by 13% for new business and adviser commission rates will not be affected by the changes.

Fidelity Life will be splitting the sales and marketing of its investment and risk business making a number of role changes.

It's a case of déjà vu for Brook Asset Management as its former co-founder Paul Glass poaches three core investment staff for Devon Funds Management.

If ever there was a reason why the Reserve Bank should start raising its cash rate sooner rather than later, today's National Bank Business Outlook (NBBO) Survey was it, according to BNZ.

Fidelity Life says its response to life insurance tax policy changes is partly to alter its commission structure to a renewal model, rather than one with high up front commissions.

Asteron will apply the life tax increases it cannot absorb itself, against its SmartLife insurance suite for new and existing customers.

Advisers who sell Sovereign life insurance products are unlikely to earn lower incomes even though the company has cut upfront commissions on some policies.

The volatility of Euro zone has further highlighted the fragile nature of the economic recovery and if market turmoil continues, an Official Cash Rate (OCR) hike may be pushed out for longer according to economists.

Around half of rental home landlords (48%) say they will put up rents as a result of being denied depreciation.

Property investors will not want to use LAQC’s going forward and they will use other structures instead according to Deloitte tax partner Mike Shaw, who is a member of the Tax Working Group.

Sovereign is looking to balance the hit of life insurance tax increases by dividing the cost between itself, policy holders and advisers, who will get reduced commissions.

Fourteen lenders have increased short-term rates over the last 10 days and BNZ economist Tony Alexander says this is driven by three factors.

Now is the time to hop from floating to short-term fixed mortgage rates, according to BNZ economist Tony Alexander.