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Last Article Uploaded: Thursday, June 4th, 9:34AM

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Summit to examine financial planning issues

Financial Advice New Zealand is launching an Advice Policy Summit in conjunction with the Financial Planning Standards Board Asia Pacific Forum.

Thursday, June 4th 2026, 9:28AM

It will bring together CEOs and leaders from 14 APAC territories; New Zealand, Japan, China, Korea, Taiwan, Hong Kong, Singapore, Malaysia, Thailand, Indonesia, India, Australia, South Africa, and the United States alongside our CEO Advice Forum.

The summit will examine global financial advice standards and stress test the policy and regulatory settings shaping our profession in New Zealand.

Financial Advice New Zealand Chief Executive, Nick Hakes says “The data is unequivocal. Only 28% of New Zealanders accessed financial advice last year, despite 63% thinking about their finances at least weekly. If we are serious about closing the advice gap, it will require a unified and consistent response from the profession."

"Our collective opportunity is how we use the flexibility in our regulatory framework to better reach and serve the New Zealand public so more Kiwis can access the quality financial advice we know they need.”

There is real value in learning from other markets by understanding what worked, what did not, and how to avoid the unintended consequences of getting the policy and regulatory settings wrong. There is also an extraordinary opportunity to improve public awareness of the transformative value of quality financial advice.

Our regulatory framework gives us flexibility. The Financial Advice Code enables us to apply professional judgement. The opportunity is how this flexibility is used to better reach and serve the New Zealand public.

Details can be found in the Good Returns Diary Here

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 3.34 - - -
AIA - Go Home Loans 5.89 4.65 5.25 5.49
ANZ 5.79 ▲5.39 ▲6.09 ▲6.29
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - ▲4.79 ▲5.49 ▲5.69
ASB Bank 5.79 4.65 5.25 5.49
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.35 - - -
Avanti Finance - Specialised 7.45 - - -
Basecorp Finance 6.35 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 4.65 5.19 5.39
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans 3.95 - - -
CFML Home Loans 6.05 - - -
CFML Prime Loans 6.25 - - -
CFML Standard Loans 6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Co-operative Bank - First Home Special - 4.55 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 4.99 4.65 5.29 5.49
Co-operative Bank - Standard 4.99 5.15 5.79 5.99
Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.89 5.49 -
First Credit Union Standard 6.49 5.29 5.89 -
Heartland Bank - Online 5.30 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 6.50 5.50 5.65 -
ICBC 5.39 4.49 4.89 5.15
Kainga Ora 5.79 4.59 4.95 5.19
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 5.75 5.65 6.19 6.35
Kiwibank - Offset 5.75 - - -
Kiwibank Special 5.75 4.75 5.29 5.55
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.49 4.69 5.09 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 5.84 5.29 5.79 5.99
SBS Bank Special - 4.69 5.19 5.39
SBS Construction lending for FHB 3.74 - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 3.29 4.19 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 6.59 5.49 6.05 6.29
TSB Special 5.79 4.69 5.25 5.49
Unity First Home Buyer special - 4.09 - -
Unity Special 5.79 4.80 5.29 -
Unity Standard 5.79 5.60 6.09 -
Wairarapa Building Society 6.15 4.95 5.45 -
Westpac 5.89 5.39 5.79 6.09
Westpac Choices Everyday 5.99 - - -
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Westpac Offset 5.89 - - -
Westpac Special - 4.79 5.19 5.49
Median 5.94 4.80 5.45 5.49

Last updated: 3 June 2026 5:02pm

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