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consumer protection

The Ministry of Business, Innovation and Employment proposes adding 'conduct' test to list of approvals required when a financial institution changes ownership
4th Aug 21, 6:42am
3
The Ministry of Business, Innovation and Employment proposes adding 'conduct' test to list of approvals required when a financial institution changes ownership
Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year
11th May 20, 9:28am
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Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
5th Dec 19, 8:42am
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Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
28th Oct 19, 9:08am
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Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
20th Aug 19, 9:19am
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Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
11th Jul 19, 7:22am
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Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
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A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
1st May 19, 3:04pm
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David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
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Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
10th Dec 18, 1:25pm
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Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
Nouriel Roubini says the mystique of distributed-ledger technologies through 'decentralization' just a ruse to separate retail investors from their hard-earned real money
22nd Oct 18, 8:02am
by Guest
53
Nouriel Roubini says the mystique of distributed-ledger technologies through 'decentralization' just a ruse to separate retail investors from their hard-earned real money
Despite the obvious advantages of cost-benefit analysis, Diane Coyle says optimal efficiency is not always desirable, and the long-term benefits of an investment are not always clear from the start
9th Oct 18, 9:19am
by Guest
3
Despite the obvious advantages of cost-benefit analysis, Diane Coyle says optimal efficiency is not always desirable, and the long-term benefits of an investment are not always clear from the start
FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
9th Aug 18, 4:00pm
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FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
Life insurer accused of mis-selling to Aboriginal people sidesteps questions about its rapid growth in New Zealand 
9th Aug 18, 5:00am
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Life insurer accused of mis-selling to Aboriginal people sidesteps questions about its rapid growth in New Zealand 
ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
8th Aug 18, 12:22pm
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ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
Gaspard Koenig advocates the right to personal ownership of the digital information we generate
21st Jul 18, 9:46am
by Guest
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Gaspard Koenig advocates the right to personal ownership of the digital information we generate
Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent 
19th Jul 18, 7:29am
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Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent 
Churn concerns prompt FMA to consider regulatory action against three large financial institutions that sell life insurance
18th Jul 18, 1:09pm
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Churn concerns prompt FMA to consider regulatory action against three large financial institutions that sell life insurance
Diane Coyle says there are three ways regulation can benefit an economy. The key is how it is designed
18th Jul 18, 9:24am
by Guest
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Diane Coyle says there are three ways regulation can benefit an economy. The key is how it is designed
Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
22nd May 18, 11:39am
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Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators 
11th May 18, 5:00am
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Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators 
Questions raised over NZ's financial services consumer dispute resolution model with the four competing schemes incentivised to sell themselves to the industry
9th May 18, 4:03pm
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Questions raised over NZ's financial services consumer dispute resolution model with the four competing schemes incentivised to sell themselves to the industry
Govt seeks feedback on what tough disclosure requirements to curb conflicted advice should look like in the absence of a ban of commissions
11th Apr 18, 8:16am
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Govt seeks feedback on what tough disclosure requirements to curb conflicted advice should look like in the absence of a ban of commissions
Rebecca Sellers puts the spotlight on the Government's long awaited review of insurance contract law
15th Mar 18, 9:55am
by Guest
Rebecca Sellers puts the spotlight on the Government's long awaited review of insurance contract law
Government commits to reviewing archaic laws criticised for putting consumers on the back foot when dealing with insurers
6th Mar 18, 11:47am
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Government commits to reviewing archaic laws criticised for putting consumers on the back foot when dealing with insurers