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Financial Services Federation - Latest News [Page 1]

FSF Responds To The Market Study Into Personal Banking Services - See Submission Highlights

Thursday, 2 May 2024, 7:44 am | Financial Services Federation

“Without sufficient competition and disruption in banking services, New Zealand runs the risk of consumers missing out. We have highlighted our key concerns and recommendations to stop this from happening.” More >>

CCCFA Reforms – A Return To Commonsense

Sunday, 21 April 2024, 2:18 pm | Financial Services Federation

The reforms announced by Minister of Housing, the Hon Chris Bishop and Commerce and Consumer Affairs Minister, the Hon Andrew Bayly, are a welcome return to commonsense and will make credit more accessible for all New Zealand consumers, says the Financial ... More >>

Banking Study Highlights Crucial Role Of Non-bank Lenders

Thursday, 21 March 2024, 11:58 am | Financial Services Federation

The Commerce Commission’s draft report on their market study into banking services has highlighted the crucial role non-bank lenders play in providing competition and innovation for Kiwi consumers. The report’s recommendations to accelerate progress ... More >>

CCCFA Reforms - Good News For Kiwi Consumers, Welcomed By Financial Services Federation

Wednesday, 31 January 2024, 3:17 pm | Financial Services Federation

A new vision for the regulation of New Zealand’s overly complex financial services sector - one that recognises not all Kiwis are vulnerable consumers - is a step in the right direction, says the Financial Services Federation (FSF). The (FSF) is the ... More >>

Financial Services Federation Welcomes Afterpay To Its Membership

Tuesday, 19 December 2023, 9:36 am | Financial Services Federation

The Financial Services Federation (FSF) is pleased to announce Afterpay as a member, the Federation’s only Buy Now Pay Later (BNPL) provider. “We are delighted to welcome Afterpay as our newest member, growing our base of responsible lenders that ... More >>

Turners CEO Todd Hunter Appointed Financial Services Federation Chair

Tuesday, 17 October 2023, 11:05 am | Financial Services Federation

The Financial Services Federation (FSF) is delighted to announce its new Executive Committee, including Turners Automotive Group CEO Todd Hunter as Chair. Following a members’ election, successful candidates were announced at the FSF’s Annual ... More >>

Minister Welcomes Responsible Debt Collection Code

Wednesday, 11 October 2023, 5:47 am | Financial Services Federation

The Financial Services Federation (FSF) has launched the Responsible Debt Collection Code, formalising its members’ commitment to ethical standards of debt collection practices that go beyond what is required of them by law. The FSF is the industry ... More >>

Financial Regulators To Address NZ’s Lending Sector At The FSF Conference + FSF Awards Finalists Revealed

Tuesday, 5 September 2023, 11:39 am | Financial Services Federation

New Zealand’s consumer and business lending sector will come together this month for the Financial Services Federation (FSF) Conference 2023 – “The Social Licence to Thrive”. The focus will be on current and future environment, social, and governance ... More >>

FSF Expands With Business Development Manager Hire

Thursday, 13 April 2023, 12:30 pm | Financial Services Federation

The Financial Services Federation (FSF) has appointed Katharine McGhie to the new role of Business Development Manager. Katharine brings with her a wealth of experience in the association world from her seven years at BusinessNZ, including her current ... More >>

Financial Services Federation Extends Membership To Responsible Brokers

Thursday, 30 March 2023, 10:05 am | Financial Services Federation

The Financial Services Federation (FSF) has announced its decision to extend membership to New Zealand’s responsible broker community. The FSF, which is the voice of New Zealand’s responsible non-bank lending sector, will now be accepting applications ... More >>

Financial Services Federation Urges Kiwis To Be Vigilant As Its Name Gets Used In A Scam

Wednesday, 14 September 2022, 6:14 pm | Financial Services Federation

"We would never ask members of the public for money" The Financial Services Federation (FSF) is urging Kiwis to be vigilant if contacted by anyone claiming to be from the FSF asking for money - it is a scam. The Federation has been made aware ... More >>

Open Letter To Government From Non-bank Lenders: The Path Forward On CCCFA Changes

Wednesday, 19 January 2022, 12:44 pm | Financial Services Federation

Responsible lenders are not interested in telling the Government “I told you so” when it comes to unintended consequences of changes to lending laws that are now causing grief for everyday Kiwis seeking finance. The Financial Services Federation ... More >>

Almost Half Of Personal Lending Financed By Non-banks In NZ, New Data Shows

Friday, 1 October 2021, 9:56 am | Financial Services Federation

New data has revealed that Kiwis are embracing choice when it comes to financial services, with almost half of personal consumer lending in Aotearoa New Zealand being financed by non-bank lenders. The findings were released in the latest Annual Report ... More >>

New Zealand SME’s Better Off As Non-bank Lenders Join The Business Finance Guarantee Scheme

Thursday, 1 April 2021, 1:03 pm | Financial Services Federation

The Financial Services Federation is pleased that New Zealand’s small and medium businesses will be better off with the extension of the Business Finance Guarantee Scheme (BFGS) to non-bank lenders. The Government-backed loan scheme is designed ... More >>

UDC Joins The Financial Services

Wednesday, 30 September 2020, 3:34 pm | Financial Services Federation

The Financial Services Federation (FSF) is delighted to welcome UDC Finance as its newest member – and its oldest – in a record year of membership. The news comes shortly after the completion of the sale of the vehicle and asset finance business ... More >>

Lending Data Shows Borrowers Feeling The Bite Of COVID-19

Thursday, 30 April 2020, 1:52 pm | Financial Services Federation

  We may be allowed of the house, but we’re not out of the woods yet when it comes to the financial effects of COVID-19, says Lyn McMorran, Executive Director of the Financial Services Federation (FSF). Data collected by FSF, which ... More >>

FSF reacts to government's interest rate cap announcement

Tuesday, 3 September 2019, 4:20 pm | Financial Services Federation

The Financial Services Federation (FSF), the industry body representing responsible finance and leasing companies in New Zealand, says new proposals to better protect borrowers are a step in the right direction, but more can be done to target predatory ... More >>

Unique solution to better protect vulnerable borrowers

Tuesday, 9 July 2019, 10:18 am | Financial Services Federation

The Financial Services Federation (FSF) is confident that its own, unique suggestion to MBIE will do more to help vulnerable borrowers than the Bill's proposed interest and fees cap or straight interest rate cap will. More >>

FSF applauds passing of Financial Services Legislation Bill

Friday, 5 April 2019, 9:51 am | Financial Services Federation

The Financial Services Federation (FSF) is pleased Kiwis seeking financial advice will be able to sleep more soundly with the long-awaited passing of the Financial Services Legislation Amendment Bill (FSLAB). More >>

Predatory lenders need to be put out of action

Wednesday, 27 June 2018, 2:30 pm | Financial Services Federation

“Predatory lenders need to be put out of action” FSF Welcomes CCCFA Review Discussion Paper More >>





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