ING is countering the current market jitters with a firm "buy in gloom" message to advisers, and it is defending its Diversified Yield Fund, which contains a number of collateralised debt obligation (CDO) instruments.

Commerce Minister Lianne Dalziel has delivered a broadside at the infighting between adviser industry groups.

National is looking to make housing a main plank of next year’s election policy, with promises to help more people into their own homes.

The government should speed up its plans to regulate finance companies and financial advisers in the wake of the Bridgecorp collapse, says NZX chief executive Mark Weldon.

The Inland Revenue is quietly consulting with a group of insurance providers over possible changes to the tax treatment of income protection policies.

The latest crackdown on property investment looks likely to focus on “ring fencing” losses in real estate so they cannot be set against other tax.

The Reserve Bank (RB) and the Inland Revenue Department (IRD) are at odds over how real estate is taxed in New Zealand.

The notion the tax system favours property investment is a myth, says the Inland Revenue Department.

With a swirl of populist rhetoric about the need for “rip off merchants to find another job”, Building and Housing Minister Clayton Cosgrove launched proposals to regulate the real estate industry.

Westpac is launching a “capital protected” option for its KiwiSaver to address the security concerns of potential investors.

The Government Actuary is taking a hard line on KiwiSaver providers including any fees for advice in their product offering.

If you heard popping sounds yesterday afternoon it was the sound of champagne corks in boardrooms of the financial services industry.

Finance Minister Michael Cullen’s eighth Budget has delivered the expected boosts for savings – and then some.

Sovereign says people who buy both life and health insurance less likely to drop their cover or move to another provider.

The popularity of on call high interest rate accounts has not hit the banks’ term deposit markets, says KPMG.

The popularity of on call high interest rate accounts has not hit the banks’ term deposit markets, says KPMG.