A Consumer NZ investigation of financial advisers has found the advice being given was "scandalously poor".
The results appear to show that lessons have not been learned from the collapse of finance firms in this country and the global credit crunch.
Consumer NZ sent mystery shoppers to 33 financial advisers, from large institutions with in-house advisers and agents, sharebrokers and nationwide adviser chains to small standalone firms.
How do you rate the level of financial advice in NZ? Here is the latest selection of Your Views:
How do you rate the level of financial advice in NZ?
Photo / Chris Skelton
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