News

Banks sing same tune on disclosure statements

Friday 9th of October 2009

ANZ National Bank, ASB, Westpac and Kiwibank say that it would be more beneficial to customers if they know what products and services authorised advisers can offer in their submissions to the Ministry of Economic Development's discussion document on disclosure regulations under the Financial Advisers Act.

Because the term "authorised" is unlikely to mean anything to a customer, it is "i...

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