Subscribe today - find out more
Why you should consider BusinessDesk

Proactive monitoring needed in banking, insurance, MPs told

Jonathan Underhill
Wed, 19 Sep 2018

By Gavin Evans Sept. 19 (BusinessDesk) - More proactive monitoring of the country’s banking sector is needed given the lack of understanding in the community about insurance products and loans, MPs heard today. Home loans, savings schemes and insurance are not the same as other consumer products, Stephen Parry, First Union’s national organiser for finance sector workers, told Parliament’s finance and expenditure committee. There is an asymmetry of information between the customer and the banks and insurers offering products and the cos...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Coronavirus
400 trainee pilots allowed into NZ
Brent Melville | Sat, 23 Oct 2021

Pilot trainees will make up 40% of the latest cohort of international students allowed in from mid-2022, with an assumption that tight border rules will still be in place.

Technology FREE
Review: NuraTrue, the earbuds that listen to you
Henry Burrell | Sat, 23 Oct 2021

Personalised audio at a relatively affordable price point. It's a winning combination.

On the Money
On the Money: IRD's rich list, Damian O'Connor's FTA in MIQ, and more
Rebecca Stevenson | Sat, 23 Oct 2021

OTM this week: what does Inland Revenue consider rich, why was Damian O'Connor absent from the FTA celebrations, which new car is triggering FOMO amongst the Remuera Tractor set, and more.

Sponsored
Decarbonising infrastructure – navigating an abundance of policy and analysis

We have a rare opportunity to align significant public infrastructure investment with urgent climate change reform, but time is short and we all need to act.

Sponsored
Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.