AIA is seeing good results from its work with the independent adviser market in New Zealand, its chief executive says.

Terms of reference for the Financial Advisers Act review have been met with cautious optimism by the industry.

Annual client reviews are being suggested as an ideal time to catch up on customer due diligence, required under the AML/CFT regime.

External disputes resolution provider FSCL is to make some changes to its processes after an independent review.

Buying a house in Auckland just got a bit more daunting.

There’s a claim mortgage advisers of the future will have to be much more confident about insurance products as well as home loans.

Advice accessibility and suitability, as well as issues of conflict of interest, are likely to be top of the list to address as the Financial Advisers Act is put up for review, a regulation expert says.

here are claims lower interest rates are driving banks give buyers bigger mortgages than their income would previously have allowed.

One of the country’s biggest banks is having trouble recruiting financial advisers.

There are claims lower interest rates are driving banks give buyers bigger mortgages than their income would previously have allowed.

Advisers have welcomed an alternative commission structure, AIA says.

Direct-to-consumer sales now make up half of nib’s new policies but its adviser business is growing strongly, its chief executive in New Zealand says.

[UPDATE, adds FMA response] Just five applications for class licences for discretionary investment management services (DIMS) have been received by the Financial Markets Authority so far.

New Zealand investors and advisers relying on the country’s research houses won’t be warned about the market manipulation investigation being conducted into Milford Asset Management.

AIA has today launched a policy designed to cover rent payments.

Kiwibank is seeing strong levels of first-home buyer activity despite restrictions limiting lending to borrowers with small deposits, its chief executive says.