News

Bank advice 'an area of concern'

Monday 1st of September 2014

There have been anecdotal reports of banks encouraging KiwiSaver members to change to their schemes without clear evidence of why it would be a beneficial move.

Advisers have complained that the staff in bank branches are not held to the same stringent standards as independent financial advisers.

Associate professor David Tripe, of the school of economics and finance at Massey Uni...

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