Mindful Money has released its first impact report since the ethical investment charity was formed in June 2019 and has big plans to further shake up the investment industry in 2022.

The Financial Markets Authority (FMA) has added some details around its decision to cancel the transitional financial advice provider (FAP) licence of Wisdom House Investment Partners.

Almost a year ago to the day, Ratebroker’s financial advice business Foundation Advice launched an innovative scheme aimed at turning Covid-hit travel brokers into financial advisers.

Investment managers will need to take a hard look at their investment strategies as markets in New Zealand and abroad start to cool off, especially when it comes to bonds and fixed income investors.

It takes a strong person to talk about their health issues on a live webcast but for Neville Greedus a series of life-changing medical events helped him realise the importance of having a top-quality adviser in his corner.

Partners Life has defended the upcoming changes to its premium structure saying they are a "normal aspect of the insurance market that we operate in".

The future of KiwiSaver could involve universal financial advice for all members but it's not without its pitfalls.

Kiwi investors are missing out on opportunities to make a positive difference with their money due to the lack of impact investment funds available to them in New Zealand.

Preliminary results from the recent AIA Adviser Wellbeing Survey have uncovered some concerning results with around half of those surveyed saying they are using alcohol to cope with stress.

Four of the six KiwiSaver default providers are passing on buy or sell spread costs, or both, to their members to reflect the cost of buying and selling underlying investments.

It's been a big year of change at Cigna New Zealand and 2022 will be even bigger with an upcoming rebrand, the launch of a new advertising campaign, and changes to its income and mortgage protection covers.

A husband and wife have had $20,000 of funeral cover premiums refunded after making a complaint to the Insurance & Financial Services Ombudsman Scheme (IFSO).

From today, about 233,000 KiwiSaver default fund members will be transferred to new providers after the Government made sweeping changes to the scheme on the morning of Friday, May 14.

Good Returns has gathered information from the six KiwiSaver default fund providers - everything from fees to customer support and how those funds will be invested. 

Financial markets became volatile on Friday as news of the Covid-19 variant Omicron's emergence broke with shares, commodities and other assets falling sharply and investors flocking to the safety of government bonds.

Changes to customer documentation, dropping industry jargon from policies and revised wordings are some of the new features Fidelity Life is introducing to make life easier for its advisers and customers.