Financial Markets Authority is concerned there has been a "significant lift" in mortgage fraud, as well as the fraudulent use of KiwiSaver funds to buy a first home.FMA chief executive Samantha Barrass laid out the regulator's priorities in a speech to the inaugural Financial Advice New Zealand Policy Summit, being held in conjunction with the Financial Planning Standards Board Asia Pacific Forum on Tuesday.Barrass said priority would also be given to help older New Zealanders manage their long-term savings in retirement, which was highlighted in its recently released Access to Advice report."Our report also highlighted an advice gap around helping older New Zealanders decumulate (spend) their retirement savings wisely," she said, adding many advisors did not offer the service."While KiwiSaver is the main way many Kiwis save for retirement, advisers also need to think about the bigger picture, which includes other investments people have, proceeds from house sales and other forms of income."She said advisors would benefit from upskilling to help people make their retirement savings last."With KiwiSaver close to completing two decades of growth, demand for this is only going to rise for the foreseeable future."FraudBarrass also set out the FMA's concerns around the fraudulent withdrawal of KiwiSaver funds for the purchase of a first home."We will continue to support licensed financial advice providers to uplift their controls to detect and respond to fraud, along with sharing our own insights to help them identify potential fraud earlier," she said."Along with providing support to the sector, we will continue to hold those engaging in fraudulent behaviour to account by using our full suite of regulatory tools."Barrass said the FMA would also focus on mortgage fraud."There's been a significant lift there, including active cases before the courts," she said.The FMA dealt with about one mortgage fraud complaint a year prior to 2023, which increased to seven in 2024 and 21 in 2025."It's an area where we will continue to focus, not least because of the impact on both lenders but also the borrowers, who are often the victims at the heart of these cases."She said the FMA wrote to major lenders about its concerns and to highlight the red flags seen in mortgage fraud cases.