Financial Services Federation - Latest News [Page 1]

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 >>

Responsible lenders to be recognised

Tuesday, 5 June 2018, 12:31 pm | Financial Services Federation

Stars of New Zealand’s responsible financial services sector will have a chance to shine this year at the Financial Services Federation’s Crediting Excellence Awards - the first awards of its kind in New Zealand. Nominations are now open for ... More >>

Know a responsible mobile shop when you see one

Wednesday, 18 April 2018, 5:28 pm | Financial Services Federation

In light of recent news reports highlighting unscrupulous mobile trading practices, the Financial Services Federation is urging consumers to take advantage of its Responsible Mobile Shop Code to help separate a responsible trader from an irresponsible one. More >>

2017 Sees Profit Accelerate for NZ’s Vehicle Finance Lenders

Monday, 18 December 2017, 9:32 am | Financial Services Federation

New Zealand’s non-bank lenders have again experienced strong growth in 2017 financial year, boosted by the industry’s vehicle finance companies. More >>

New Resource to Equip Consumers Dealing with Mobile Traders

Friday, 20 October 2017, 10:17 am | Financial Services Federation

The Commerce Commission’s crackdown on the mobile trader sector has resulted in more than $1 million in fines to unscrupulous traders, or “truck shops”, as they have become known. More >>

Financial Services Federation to host inaugural conference

Monday, 28 August 2017, 3:42 pm | Financial Services Federation

Members of New Zealand’s finance and leasing sector will come together in November 2017 when the Financial Services Federation (FSF) holds its first-ever industry conference. More >>

Lyn McMorran Receives Award from NZ Financial Advisers

Friday, 4 August 2017, 11:43 am | Financial Services Federation

Wellingtonian Lyn McMorran has been recognised for her contribution to New Zealand’s financial advice industry. More >>

Non-bank lenders support fast-forwarding Robo-Advice access

Monday, 24 July 2017, 10:03 am | Financial Services Federation

Robo-Advice, Digital-Advice, Automated-Advice. Whatever you choose to call it, the appetite to access financial advice online is growing, and New Zealand’s legislation is yet to catch up. More >>

FSF Supports Shrink Your Dumb Debt Campaign

Monday, 9 July 2012, 10:26 am | Financial Services Federation

The Financial Services Federation (FSF) is supportive of the Commission’s latest promotional campaign aimed at getting New Zealanders to shrink their “dumb debt”. More >>

Appointment of FSF Executive Director

Tuesday, 20 March 2012, 1:06 pm | Financial Services Federation

Following the resignation of Kirk Hope who is leaving to take up the role of chief executive of the New Zealand Bankers’ Association, Lyn McMorran has been appointed as executive director of the Financial Services Federation (FSF). More >>

Resignation of FSF Executive Director

Friday, 24 February 2012, 11:49 am | Financial Services Federation

After two years leading the Financial Services Federation (FSF) executive director, Kirk Hope has resigned to take up the role of chief executive of the New Zealand Bankers Association. More >>

Chair/ Deputy Chair for the Financial Services Federation

Tuesday, 27 September 2011, 3:44 pm | Financial Services Federation

The Financial Services Federation, the industry body for the non-bank finance sector, has appointed Rob Zubielevitch, Director, Sales and Business Development for GE Capital, as its Chair, replacing Girol Karacaoglu Chief Executive of PSIS. Richard de Lautour, ... More >>