KPMG baffled by National’s pledge to ditch financial services conduct law
The law is meant to regulate banks and insurers over how they treat customers.
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Latest fromFinancial Services
Diana Clement: A high interest rate means more bang for your savings buck
OPINION: Term deposits are currently quite generous.
Mary Holm: Cutting out buying coffees and lunch could save you up to $1m
OPINION: And help! I put $300k in my KiwiSaver account and promptly lost $10,000.
Buy now, pay later sector avoids heavy-handed rules
Government takes 'proportionate' approach towards BNPL regulation.
Mary Holm: Should I pay off the mortgage or put all my money into KiwiSaver?
OPINION: When the division of an estate comes between families.
Mary Holm: Have you been caught out by the KiwiSaver cut-off date?
OPINION: Some businesses don't charge for contactless payment, but others do.
Mary Holm: Hands off Mum’s money - kids should wait for their inheritance
OPINION: No child should expect an inheritance, writes one reader.
Canny View: Protect against volatility by diversifying
OPINION: The movement of markets cannot be predicted by man or machine.
Jim McElwain: Shifting the dial on diversity in financial services
The sector has made significant improvements in diversity.
Loo charged over forgery, fake FAP licence allegations
Watchdog claims financial advice given, forged letter used.
Banks less trusted than supermarkets - Consumer NZ survey
Public trust in banks falls as profits surge in the middle of a cost of living crisis.
Latitude Finance hack: Thousands of requests to replace driver licences
There is concern, frustration and a huge 'rigmarole' after the massive data breach.
Latitude hack: Customer told even more details stolen
Customers fuming after more revelations of personal information hacked.
Canny View: Simple steps to leave behind generational wealth
Managing emotions is a key component of wealth management.
Something's got to give: Food, rent on chopping block for clients in debt, adviser says
But there are steps budget advisers say can be taken to get on top of debt.
Mark Lister: What makes a good financial adviser?
Make sure you understand the true worth of good advice.
The women changing the face of NZ's male-dominated finance industry
More than 90 per cent of KiwiSaver investment managers are men.
Where you can donate goods and who you contact for help after Gabrielle
Contact numbers, websites and email addresses have been provided to help those in need.
Record $3.5 million fine for life insurer over dodgy policies
Watchdog sends a heavy signal after insurer's senior management made bad decisions.
Pushpay insider trading case: Accused argues for anonymity
The case is the largest such proceeding in NZ history by the value of shares traded.
NZ Auto's bank pulls funding over boardroom changes
NZ Automotive's bank pulls funding on the back of boardroom ructions.
Diana Clement: Are you in a financial crisis?
OPINION: A free financial mentor can help you out of a tight spot.
Man hounded by company seeking debt repayment for unknown woman
"I'm the innocent party": Multiple pleas fell on deaf ears.
Conflict of interest? Director tied to Kiwibank contracts to RBNZ
Concern raised over a contractor to the Reserve Bank's ties to Kiwibank.
Court rules private financial dispute service should be called an ombudsman
Non-profit offering a dispute resolution service is entitled to call itself an ombudsman.
Insurers say 'no' to Reserve Bank-run policyholder protection scheme
Insurers reject scheme that would protect policyholders in the event of company collapse.
NZ fintech signs Visa deal to accelerate growth plans
And what benefits the deal brings for Visa cardholders.
Young worker exodus predicted to leave big holes in finance sector
Some employers are offering higher KiwiSaver contributions or to pay for medical cover.
'Incredibly embarrassing': BNZ customers hit by second major outage in three days
In an update just after 7.40pm, BNZ said the issue has been resolved.
Darcy Ungaro: My home, my castle - but what about an investment vehicle?
Many say it's not "valid" but consider the "low-cooked passive property-profit strategy".
Questions raised over time taken to pursue Pushpay insider trading case
The case stems from when $100 million worth of shares were sold in June 2018.
Kiwi Wealth sale possibility being explored
Kiwi Wealth has about $9 billion in assets under management.
Beware of the buy now pay later debt trap
Shoppers are being urged not to fall into the debt trap this holiday season.
FMA revokes first firm's transitional financial advice provider licence
Regulated financial advisors for retail clients must hold, or operate with, a FAP licence.