If recent proposed changes to the financial advisers
regime are adopted they are likely to result in consumers
being left without the protection anticipated by the
legislation designed to protect them. Business editor Dene
Mackenzie talks to two men closely involved in interpreting
A "deposit war" looked set to break out among New Zealand's
retail banks as they competed for investors with money to
place in term deposits, Craigs Investment Partners broker
Chris Timms said yesterday.
Including positive data on credit reports was a positive move
for consumers but only if the data was passed on with the
consent of the consumer, New Zealand Credit Finance Institute
president David Young said yesterday.