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flag New Zealand's financial watchdog urges consumers to file complaints, noting most hesitate due to doubt, difficulty, or perceived futility.

flag The New Zealand Financial Markets Authority is urging consumers to file financial service complaints, noting fewer than one-third feel confident doing so. flag Many refrain due to doubts about outcomes, lack of knowledge, or perceived difficulty. flag Nearly one in three complaints remain unresolved, and a third of potential complainants believe it’s pointless. flag While 57% of those who complained were satisfied, 21% were not. flag The FMA criticized firms for hiding complaint processes and responding defensively, stressing complaints should drive improvement. flag An independent, free dispute resolution service is available for unresolved cases, and officials urge consumers not to delay action, especially when financial well-being is at stake.

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