Michael Hewes

Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins

Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins

Financial Markets Authority finds promising initial response from financial advice providers towards new regime but says there are some ‘gaps’ that could affect customer outcomes

Financial Markets Authority finds promising initial response from financial advice providers towards new regime but says there are some ‘gaps’ that could affect customer outcomes