Why bank changes are good for advisers
The days of face-to-face banking may be numbered with the big banks closing branches around the country in the wake of Covid-19, but this change could work out well for advisers.
Since New Zealand entered lockdown on March 26, ANZ, ASB, BNZ and Westpac have permanently closed 32 branches.
Many of the banks’ remaining branches continue to operate on reduced hours.
As an example, just last week ASB announced that nine of its branches would not reopen, while 25 branches would permanently move to operating three days a week.
This changing bank environment...MORE»
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