Another blow to advisers over trail commissions
Mortgage advisers have been given more bad news over trail commissions just before Christmas.
ASB is in discussions with mortgage adviser partners AIA NZ and NZHL about killing off its iGo Home Loan product in July next year. It is the bank’s only home loan offering advisers upfront commission and trail.
The bank describes the Go Home Loan as a legacy product that is specific to those channels. It is primarily accessed through AIA NZ and NZHL accredited advisers. NZHL is part...MORE»
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