Insurers say there has been strong demand for products that require no underwriting.

A financial advice firm is being investigated by the Financial Markets Authority and Serious Fraud Office.

British open-ended property funds are the latest to feel the impact of Brexit and there are fears that Kiwi investors could be exposed to some of the fallout.

A growing number of high-net-worth individuals are looking to KiwiSaver as a way to manage their retirement income, AMP’s general manager of insurance and investments says.

Financial advisers are being urged to consider what they can do to get more women engaged with their financial futures.

Advisers have an opportunity to encourage people to use their KiwiSaver statements to work out whether they are on track for retirement, although few of them seem to be taking it, the Financial Markets Authority says.

There's support from the financial advice industry for the Financial Markets Authority spending $100,000 on its recent conference.

A New Zealand-founded fintech firm that offers solutions for advisers is spreading its wings across the globe.

Adviser associations are hoping the Financial Markets Authority will act quickly on any instances of bad behaviour among insurance advisers.

New legislation is helping financial advisers move from a product focus to a relationship focus for their businesses, ASB’s general manager of wealth says. But despite increasing demand for good advice, finding the right advisers for the job is tough going.

Minister of Commerce Paul Goldsmith is taking a paper on the review of the Financial Advisers Act to cabinet later next week and changes are likely to be revealed later this month.

Half of the insurance advisers with at least one active policy on their books were not earning enough in commission to make the minimum wage, the Financial Markets Authority says.

Financial advisers and other industry participants were overwhelmingly supportive of a restructure of the Code of Conduct for AFAs, designed to make it easier to offer limited advice, the Code Committee says.

The Financial Markets Authority has identified its target and will start to knock on the doors of advisers it is worried are churning business.

[UPDATED] Insurers have welcomed the Financial Markets Authority turning its attention to replacement business – but say it is incorrect that banks cannot churn customers.

[UPDATED] The long-awaited Financial Markets Authority report on life insurance churn is out and advisers who replace policies regularly will be watched closely.