Article tagged with 'ASB'
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Adviser complains about KiwiSaver campaign
11 Jun 2026 - A financial adviser worried about ASB’s marketing campaign for its KiwiSaver schemes has taken his complaint to the Financial Markets Authority.
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ASB joins low deposit Kāinga Ora scheme with some benefits
19 Feb 2026 - Mortgage advisers can now use ASB for clients buying a home under the Kāinga Ora First Home Loan scheme.
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Another blow to advisers over trail commissions
18 Dec 2025 - Mortgage advisers have been given more bad news over trail commissions just before Christmas.
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Long term rates need to also come down
17 Oct 2025 - One interesting point the RBNZ brought up when it cut the OCR by 0.50% last week is that long-term interest rates haven’t fallen much, even as short-term interest rates have, says ASB in an economic note.
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Greater transparency and protections
08 Sep 2025 - NZFSG says it is unclear whether customers are receiving superior financial advice, but the level of consumer trust has grown with greater transparency.
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Banks use existing power to control open banking
03 Sep 2025 - Fintechs are being placed at a disadvantage as the major banks “lock in their existing power” and delay open banking, the Commerce Commission says.
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Banks tardy on making changes to clawback policies
01 Sep 2025 - Only one of the major banks appears to have made changes to its clawback policy despite it being one of the 14 recommendations in last year’s Commerce Commission’s report into retail banking competition the Government is implementing.
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Switching lenders reaches record
28 Aug 2025 - A new high of $2.6 billion in mortgage money changed lenders last month.
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Kiwi, BNZ and ASB gained mortgage market share in June qtr
27 Aug 2025 - Kiwibank continued to gain market share of mortgages in the June quarter, along with BNZ and ASB, while both ANZ and Westpac lost market share.
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Borrowers need relief
19 Aug 2025 - Home loan affordability need another boost with an OCR cut tomorrow, FAMNZ says.