A requirement to act in clients’ best interests is being described as “unworkable” in practice.

Tertiary institute Ara is hoping it is well-positioned to take advantage of looming changes to financial advisers’ qualification requirements.

Adviser groups are giving Money Week a miss this year.

But some insurers yet to pay the invoices sent to them for the next year's membership.

The Financial Markets Authority says it “suggested” Diversified Investment Strategies talk to Fisher Funds about buying its Law Retirement KiwiSaver Fund – but did not recommend or broker the sale.

Sovereign is overhauling its leadership team - and sources say up to five of its most senior staff may go.

More of the countries’ adviser associations will be approached more formally early next month about the possibility of becoming involved with Financial Advice New Zealand.

Insurers have been given a warning that they need to start offering the Reserve Bank better data – or face sanctions.

New Zealand's newest KiwiSaver provider is calling on the rest of the industry to adopt standard responsible investing protocols.

Some New Zealanders trying to transfer Australian superannuation funds back to this country are still facing difficulties.

Norman Stacey may have had “seller’s regret” after selling his company Diversified to Fisher Funds – but cannot blame his former co-director, Vicki Watson, for the outcome, a judge has ruled.

The Financial Markets Authority may be trying to send a message to the industry by making public some of the details of a warning delivered to an insurance adviser.

Many New Zealand investors and advisers are stuck in the habit of assuming PIE structures are the best option – but that ignores the fact that investments sometimes go through rough patches, it has been argued.

A new term deposit offer on the Consilium platform is another way for advisers to ring-fence their clients’ financial needs and boost their value proposition, the firm says.

More fund managers may follow Forsyth Barr’s lead and drop performance fees, as the Financial Markets Conduct Act regulations kick in, it has been claimed.

Having only a limited product set to offer clients should not stop advisers putting their clients first, the Financial Markets Authority says.