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Effective disclosure requires better financial literacy

Thursday 12th of July 2018

Aaron Gilbert is associate professor in the AUT finance department, researching the readability of financial disclosures.

He has completed work that showed product disclosure statements for KiwiSaver, while shorter under the Financial Markets Conduct Act, were not delivered in a way that was accessible to the average KiwiSaver member.

He said the financial advice disclosure regime...

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