In a report that will no doubt be read closely by the Financial Markets Authority - and therefore should get the attention of New Zealand advisers - the Australian Securities and Investments Commission (ASIC) has made 12 recommendations for financial advisers.

As a result of the findings of its latest AFA Monitoring Report, the Financial Markets Authority says it expects all Authorised Financial Advisers to review their processes...

IFA and PortfolioConstruction Forum partner on professional development programs; Veteran financial adviser retires after 30 years; Regulator to undertake surveillance of research report providers

FMA investigating advisers with clients invested in Ross Asset Management; Disputes resolution scheme blew whistle on Ross Asset Management; Few investors favour "all you can eat" advice model.

Financial planner, financial adviser to be enshrined in law; Strategi Institute awarded highest NZQA rating...

Top 10 concerns amongst advisers; AIS appoints new investment manager; Adviser summer school; William Blair enters Australia and NZ; Court ruling against S&P opens door for CDO lawsuits.

The Institute of Financial Advisers has appointed its new chief executive, following the departure of Peter Lee back in July 2012...

TNPPA and LBA to merge into new association; Bankers Association accuses FMA of going beyond its powers with KiwiSaver guidance; NZICA signs MOU with FMA including financial adviser regulation; No complaints about financial advisers to ISO; AdviceFirst acquires STEP Financial Services' business; Australia's commission ban 'grandfathered'.

FMA launches new website to help investors plan, choose and track investments; TNP signs strategic alliance; Mentor/Adviserlink merges with Strategi Institute; More former finance company directors sentenced; Australia has $1tn retirement savings gap...

Lonsec named Research House of the Year; FSC Australia imposes insurance commission claw-back regime; ETITO rebrands; S&P upgrades Asset Finance outlook; new Code Committee chair...

IFA starts hunt for new Chief Executive; Kiwibank KiwiSaver replaced by Gareth Morgan scheme; Diana Crossan to step down...

IFA honours Graham Rich with Outstanding Contribution award; FMA finds issues with advisers' record keeping; Australian regulator proposes adviser exam;

From 6 July, New Zealand financial advisers will be able to provide services to clients based in Australia, without holding an Australian Financial Services License, under a mutual recognition arrangement just announced by the regulators in both countries. But the devil's in the detail, warns one industry leader...

FMA's KiwiSaver sales guidance note "a defining piece of guidance". Advisers unable to gain new clients under proposed Financial Markets Conduct Bill. AdviceFirst appoints new chairman. FSC retirement savings report "overlooks a critical area".

IFA CEO Lee steps down. New CEO for UDC Finance. No appetite for ANZAC dollar.

Britannia launches new compliant QROPS - open to all advisers. Call to ban publication of gross returns for KiwiSaver funds. Annual declaration time for AFAs. Where your clients income tax ends up...

Lonsec puts Fisher Funds' international fund on watch. Lifetime Group acquires Meridian Brokers. NZ Funds joins lawsuit against Morgan Stanley, S&P and Moody's. Tyndall replaced international fixed interest manager. Kiwis awake to retirement savings reality - Mercer. NZ foreign trust schemes catch ATO's eye...

FMA to publish adviser compliance results, notes it is watching fees vs commission issues; Investors will pay $770 for comprehensive financial advice; Financial Planning Standards Board seeks board nominations; Weldon's top 10 for the next 10 years for growing NZ's economy; Macquarie to recruit 30+ financial advisers...

Court rejects AFA authorisation appeal. Only 3% of plans "good quality" in shadow shop. Fund manager of the year finalists announced.