- The banking industry’s lobby group has slammed the investment regulator over its guidance on how KiwiSaver should be sold, saying it will be harder for consumers to get information on the retirement savings scheme.
- By rewriting the law, the Financial Markets Authority (FMA) is doing consumers a disservice says the New Zealand Bankers’ Association. Following the release of the FMA’s guidance note on the sale and distribution of KiwiSaver, Bankers’ Association chief executive Kirk Hope expressed serious concerns. “This is bad for consumers because it limits access to information... Read more »
- A survey by Consumer NZ shows the banking sector in New Zealand rates well above other service sectors. New Zealand Bankers’ Association chief executive Kirk Hope says banks have lifted their game over the last five years, with an eight percent increase in customer satisfaction from 84 percent to 92 percent.
- A recent survey has revealed that most people rate their bank highly, and that the banking sector in New Zealand rates well above other service sectors. “Banks put a huge effort into customer service and it’s great to see this reflected in the survey results,” says New Zealand Bankers’ Association chief executive Kirk Hope. The... Read more »
- The New Zealand Bankers’ Association welcomes the interim report of the Australian and New Zealand Productivity Commissions on closer economic relations and a single economic market, but notes that addressing the issue of double taxation of company income was an absolute ‘must do’. “The interim report usefully addresses many of the remaining barriers to a... Read more »
- As part of Money Week (2 – 8 September), the New Zealand Bankers’ Association is encouraging people to get financial advice on how best to manage their money. “Getting advice about your finances and how best to meet your needs and aspirations is a good idea for everyone. It’s about making informed decisions to manage... Read more »
- The week ahead is Money Week, and the banking industry is getting on board with a range of financial education activities. Mr Hope says banks are backing Money Week because they believe well-informed customers are better placed to make borrowing and investment decisions.
- Money Week is a great time to spring clean your personal financial arrangements says the New Zealand Bankers’ Association. Money Week brings together a range of financial education activities from 2 to 8 September. “Most people think about their personal finances when faced with big life events such as studying, starting work, buying a house... Read more »
- The New Zealand Bankers’ Association said today that PwC’s Banking Perspectives analysis of the major banks’ results for the first half of their 2012 financial years showed New Zealand banks were continuing to perform well in the face of ongoing global uncertainty. “Our banking industry is in good shape. It’s well capitalised and regulated. Our... Read more »
- The New Zealand Bankers’ Association is urging the public to be on guard against an email scam. Scammers are sending emails out which appear to come from a New Zealand Bankers’ Association email address: nzba@nzba.org.nz. The scam emails include a subject line of “We are necessitating a verification process on all account(s)”. Anyone receiving this... Read more »
