A strong local bias in KiwiSaver and non-KiwiSaver investments is leaving New Zealand investors vulnerable in the event of an economic crisis, one fund manager says.

A lower Kiwi dollar may make KiwiSaver funds invested internationally look more appealing.

Better systems and processes are needed for advisers dealing with replacement business – not a ban on high upfront commissions, says Partners Life boss Naomi Ballantyne.

Desperation likely drives advisers to commit tombstoning fraud, Partners Life boss Naomi Ballantyne says.

Details have been provided for advisers planning to use exemptions available under the new discretionary investment management services (DIMS) rules coming into force as part of the Financial Markets Conduct Act.

John Milner has sold his stake in Britannia Financial Services to branch out on his own.

New Zealand’s QROPS market has been described as very competitive, after the FMA issued a warning asking providers to rein in their advertising.

Grosvenor Financial Services has done a u-turn and dropped its plans to apply for DIMS licence after saying it could be a leader in this space and running roadshows for advisers on its proposed DIMS solution.

A Nelson adviser who ripped off his clients was operating at a time of much less stringent regulation, the Financial Markets Authority says.

A high-profile Nelson adviser jailed for fraud is proof that more rules aren’t the answer to stop crooks, one industry body says.

New Zealand’s qualifying financial entities (QFEs) want to see some simplification of regulation when the Financial Advisers Act is reviewed.

Advisers are being told they need to focus on honing their value proposition for consumers.

Debate stirred by Australia’s Financial System Inquiry could set the vibe for New Zealand’s industry regulation.

There’s a suggestion New Zealand KiwiSaver schemes could face a fee crackdown similar to that being suggested in Australia.

There's good news for property owners in the latest official cash rate announcement: Mortgage rates look set to stay low for some time yet.

There are claims it is hard for New Zealand based-passive funds to get the scale to offer the low fees available on international ETFs.