Local banks shy away from compulsory adviser ethics training

Scandal-rocked Australian banks want compulsory ethics education for financial advisers, but their NZ counterparts say the same is not needed here.

Calida Smylie
Thu, 14 May 2015

Australian banks have called for compulsory ethics education for financial advisers but their New Zealand counterparts say the same drastic measures are not needed here.

In submissions to the Australian Treasury, banks including ANZ and Westpac’s BT Financial Group have supported proposals to

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