We have lots in today's newsletter. Our lead story today asks whether advisers should have to disclose which lenders they do not work with - as advisers in Australia have to do. It's an interesting debate.
Our story on clawbacks yesterday has been updated. That story included an accurate comment from an ANZ staffer. However the comment related to cash contribution clawbacks, not adviser commission clawbacks.
In People news Sue Griffiths has a new job and FMT appoints a second Christchurch-based business development manager.
| « Clawback periods need to be reduced; ASB, Co-operative Bank rates change | [OCR forecasts] No celebrations just yet » |
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