Some mortgage advisers had argued for KiwiSaver exemption
Two thirds of its customers were ahead in their mortgage repayments
The regulators say life insurers have demonstrated a “weak appetite for change”
He also commended the Reserve Bank governor for fearlessly taking decisive action
Advisers will have seven months to complete their licencing applications
New study reveals statistics around investor confidence
“Like any market, there’s got to be room for different business models”
Advisers can help by making them aware of options outside of the main banks
Changes aim to help the bank serve the evolving needs of Kiwis and remain competitive