commissions
Residential sales commissions dived in June and the outlook for July is not much better
Real estate agency commissions picked up in the second quarter but remain soft in Auckland
The FMA's Clare Bolingford outlines why and how New Zealand is getting a conduct regime overseeing financial institutions, and what it means for customers
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The FMA's Clare Bolingford outlines why and how New Zealand is getting a conduct regime overseeing financial institutions, and what it means for customers
Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
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Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
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FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
RBNZ review finds the life insurance industry is inefficient, suffers from high and soft commissions, generates high returns for shareholders, and has low solvency ratios
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RBNZ review finds the life insurance industry is inefficient, suffers from high and soft commissions, generates high returns for shareholders, and has low solvency ratios
Surprisingly major and direct changes in Australia to stamp out conflicted remuneration in the financial industry is a clear signal to New Zealand advisers, brokers, and others paid bonuses to distribute and sell
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Surprisingly major and direct changes in Australia to stamp out conflicted remuneration in the financial industry is a clear signal to New Zealand advisers, brokers, and others paid bonuses to distribute and sell
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
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A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
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David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
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Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
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Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
After casting an eye over the FMA-RBNZ report on life insurers' conduct & culture, Andrew Hooker encourages the Government to legislate to force change
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After casting an eye over the FMA-RBNZ report on life insurers' conduct & culture, Andrew Hooker encourages the Government to legislate to force change
Credit Suisse says potential for Royal Commission to recommend changes to mortgage broker remuneration could be lucrative for Aussie banks
Credit Suisse says potential for Royal Commission to recommend changes to mortgage broker remuneration could be lucrative for Aussie banks