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Stubbs sees adviser shortfall, hails KiwiSaver success

Tuesday 26th of July 2011

Speaking at yesterday's Tower quarterly briefing, Stubbs said "when you change an industry so dramatically as you do when you bring in those sorts of regulations, you're always going to get a relatively high attrition rate, and that's what's happened, so arguably there's a shortfall in quality financial advice right now."

Stubbs said that the increased costs of a professional service wou...

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