Advisers got plenty of advice this week on everything from KiwiSaver distribution to product replacement, product recommendations and even the value of their businesses.

Advisers who focus only on the benefits of switching products could be at risk of misleading their clients, the Financial Markets Authority has warned.

Now could be a good time for advisers to sell their businesses due to a shortage of adviser books on the market pushing up prices by as much as 20%, a consultant says.

The Financial Markets Authority's view on KiwiSaver distribution is likely to spark strong debate in the industry, a financial services law expert predicts.

Most New Zealanders support making KiwiSaver compulsory and believe it would be in New Zealand's best interest, according to new research by the Financial Services Council.

The Institute of Financial Advisers has come out swinging against a proposed law restricting "unsolicited offers" of financial products, calling for the section to be scrapped.

S&P lowers Co-op Bank outlook; ANZ to repay bonds early; Five Star ‘shadow director' trial delayed

Advisers shouldn't rely on research houses to make their decisions for them, according to Andrew Logan, the New Zealand manager of Iress.

This week saw a couple of financial stories involving education; one was about the downfall of an educator for advisers and the other was about the lack of education for those supposed to be teaching financial literacy.

New Zealand financial advisers have reacted with scepticism to a supposedly revolutionary form of financial advice, saying it's no different to what they already offer their clients.

Lombard receivers lower payout forecast; Kiwibank credit rating higher than big four; Rabobank downgraded BNZ completes $200m bond issue

This week's news featured a financial adviser being charged by the SFO, flat fees being challenged, toddlers who will live to 100, and a QFE adviser dealing with raised eyebrows from peers.

Some advisers turn their noses up at belonging to a QFE because they don't understand the benefits it involves, according to one QFE adviser.

The New Zealand Superannuation Fund remains below its benchmark nearly nine years after its inception, following a tough April.

New Zealand shouldn't follow Australia by pushing financial advisers into charging flat fees for advice, say critics defending the model of charging based on clients' asset size.

Prostitution will be easier to offer to people on the street than financial advice once a proposed law change comes into effect, according to one adviser.