NZHL says NZ should keep commission-based payment; Squeezed between a rock and a hard place
Thursday, June 20th 2024, 10:21AM
Kiwibank sister company NZHL is warning against switching from commissions to fee-for-service for mortgage advisers, saying that would deter consumers from seeking advice. [READ ON]
Mortgage holders can expect at least another six months of struggling to save or cope with unexpected bills as they are squeezed by high interest rates and poor economic conditions. [See here]
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