News

Bank AFA force broadly steady

Tuesday 18th of December 2018

While others around the world are increasingly spinning off their wealth management businesses, New Zealand numbers remain firm.

In Australia, Westpac is considering selling its financial planning arm. A spokesman for Westpac in New Zealand said it used a different model here and had no plans to make any immediate changes.

CBA, parent of ASB, revealed in June a demerger includin...

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