Three former directors of failed finance company Bridgecorp have been found guilty of misleading investors

Three former directors of failed finance company Bridgecorp have been found guilty of misleading investors.

The government plans to take action on two important regulatory issues - eventually.  Meanwhile, the verdict is in on the Bridgecorp directors.

Product providers are waking up to the aging population, but it could be a while before more products for managing retirement finances emerge in New Zealand.

The government is in no rush to plug a gap in its new adviser regulations that allows advisers with overseas convictions to become registered.

The government is considering banning commissions for financial advisers, a move the Institute of Financial Advisers has warned could have unintended consequences for consumers.

This week saw a mixed reaction to Aon's unique KiwiSaver distribution methods, as well as a surprising reaction to a new online income protection product.

Sovereign has been ripped off by about $1 million in the past two years by insurance advisers fraudulently claiming commission.

The predicted mass outflow of financial advisers from the industry hasn’t happened, and the low hurdle for registered financial advisers may be the reason, according to Sovereign chief executive Charles Anderson.

The Financial Markets Authority is about to release draft guidance on the controversial question of what constitutes "personalised" advice on KiwiSaver

Aon has developed a unique way of promoting its KiwiSaver scheme, giving Registered Financial Advisers a disclaimer that allows them to inform clients about the scheme without advising on it.

Aon has developed a unique way of promoting its KiwiSaver scheme, giving Registered Financial Advisers a disclaimer that allows them to inform clients about the scheme without offering advice on it.

Aon has developed a unique way of promoting its KiwiSaver scheme, giving Registered Financial Advisers a disclaimer that allows them to inform clients about the scheme without advising on it.

Hobbs probe halted; "shadow" director's plea bid fails; finance company trial delayed

Authorised Financial Advisers (AFAs) look set to benefit from a government rethink on industry fees that could see their annual levy slashed by as much as 80%.

This week saw tough new regulations for QROPS confirmed; meanwhile, an insurer defended its online offer and the SFO announced an investigation into another financial services company.