News Bites

ANZ cans advice service - what next for NZ?

Friday 24th of May 2019

It said it would phase out its Prime Access advice offer, which included an annual financial review.

It is part of the fallout from the Royal Commission of Inquiry, which found clients were charged when they did not receive a service.

Now the bank will give advice on a case-by-case basis, and more involved advice work would mean higher fees. Clients will choose how often they wa...

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