Financial Markets Authority staff have begun contacting advisers who have been identified as having high rates of insurance replacement business on their books.

Asteron Life says it has the best insurance retention rates in New Zealand due to its focus on sustainability.

AMP is repricing the units in its Savings and Invesments Personal Retirement Plan (SIP PRP) product, because it has been footing the bill for their tax obligations for 20 years.

A new website designed to boost public awareness and understanding of personal insurance is on the verge of a public launch.

Advisers are being told they must find a way to disconnect the advice they give from the sale of products - as new statistics show the bulk of AFAs are still largely paid by commission.

New Zealand's Government should step up funding of the Financial Markets Authority, to avoid the burden being passed to industry participants, the Institute of Financial Advisers says.

Morningstar has launched a new global risk model that will help financial advisers understand an investment’s factor exposures.

Financial markets participants should be entitled to work on the basis of what the law tells them to do – not how the Financial Markets Authority wants them to interpret it, one legal expert says.

Smaller financial services firms are still struggling to come to terms with their requirements under AML legislation, consultants say.

The number of New Zealanders accessing financial advice is growing, but not fast enough for the Financial Markets Authority's liking.

New Zealand’s investment management industry is worried about the influence and domination of the big banks on KiwiSaver, a new survey has shown.

Peer-to-peer lender Squirrel Money is to launch a secondary market for its investors next week.

Advisers could partially be regulated by Financial Advice NZ, rather than the FMA, if the new organisation can get sufficient support from the industry.

New Zealanders still can't shake their obsession with property and term deposits, a new survey shows.

Partners Life boss Naomi Ballantyne says it’s still too early to get into any detail about what the company plans to do with a looming $200 million capital injection.

A new, low-fee KiwiSaver scheme being launched today will be a good fit for financial advisers who work on a fee basis, its managing director says.