There are claims small fund managers are being squeezed out by the increasing cost of regulation.

KiwiSaver providers and others in the investment industry will have to start thinking of better ways to manage New Zealanders in the decumulation phase, ANZ’s general manager of wealth products says.

Advisers are chronically overestimating future portfolio returns to the potential detriment of their clients, one commentator says.

Active investment strategies could soon start to pay off for advisers and their clients, a visiting representative of a global equity boutique says.

Changes to DIMS regulation have been more complicated and less satisfactory to the financial services sector than those who crafted the Financial Markets Conduct Act first thought, the Financial Markets Authority’s chief executive says.

Requiring KiwiSaver default schemes to invest responsibly would likely bring them morally into line with the investment philosophy of most New Zealanders, an academic says.

More needs to be done to promote the use of financial advisers, the chief executive of the Institute of Financial Advisers says.

Squirrel Mortgages is applying for QFE status, and wants to start offering KiwiSaver and peer-to-peer lending.

Financial advisers who do not discuss attitudes to responsible investing with their clients may not be living up to the requirements of the Code of Conduct, a conference in Auckland was told his week.

Property owners are being reminded that it’s worth checking to see if they qualify for an interest rate special from their banks.

Just a handful of authorised financial advisers are likely to be able to offer personalised discretionary investment management services (DIMS) after the middle of next year, the Financial Markets Authority says.

A Government-run annuity scheme is being suggested as a way to help New Zealanders make their KiwiSaver savings last through retirement.

KiwiSaver is being tipped to give financial advisers an indirect boost.

Advisers are hoping upcoming workshops will provide more clarification from the FMA about what personalised DIMS will look like under the FMCA.

FMA expects pressure on its budgets from staff numbers as it adapts to its role with new regulation, it says in its latest annual report.

A major bank has hit the lending brakes, fearing it will breach its low-deposit lending limit.