David Ross was today sentenced to more than 10 years' jail for running the biggest Ponzi scheme in New Zealand history.

Low-deposit loans for housing construction make up a very small part of the mortgage market, the Reserve Bank said today.

Low-deposit loans for housing construction make up a very small part of the mortgage market, the Reserve Bank said today.

Financial adviser numbers are growing by about 6% a year worldwide, and the face of the profession is changing.

Authorised financial advisers expect the standards that are required of them to start to increase over the coming years.

BNZ’s latest home loan offer was a way to recognise customers who had more equity in their properties and reward those who had a “main bank” relationship with the bank, its head of retail, Andy Symons, says.

Banks are having increasingly limited opportunities to deal face-to-face with new customers, says TSB  managing director Kevin Murphy.

If a poll released this week is anything to go by, not many financial advisers would win a popularity contest.

Builders have a clear message for the Government: Hands off our industry.

Moving superannuation savings from Australia to a New Zealand account is not a straightforward transaction, says one adviser who specialises in KiwiSaver.

Banks are fighting to hold on to their higher-equity customers as LVR restrictions dramatically slow the market.

A lack of low-equity fees may make a difference to some banks’ bottom lines when the next round of results are reported

Advisers need to challenge some of their own assumptions about responsible investing before it will become mainstream, an advocate says.

Trauma insurance is getting too expensive – and paying out excessively in cases when it’s not really needed, says Sovereign’s chief brand innovation and marketing officer.

There are concerns that the new CPD requirements for authorised financial advisers will lead to large inconsistencies across the industry.

A fund manager is calling for changes to tax rules he says are unfair on Kiwi investors and the local funds management industry.