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New Zealand's financial watchdog urges consumers to file complaints, noting most hesitate due to doubt, difficulty, or perceived futility.
The New Zealand Financial Markets Authority is urging consumers to file financial service complaints, noting fewer than one-third feel confident doing so.
Many refrain due to doubts about outcomes, lack of knowledge, or perceived difficulty.
Nearly one in three complaints remain unresolved, and a third of potential complainants believe it’s pointless.
While 57% of those who complained were satisfied, 21% were not.
The FMA criticized firms for hiding complaint processes and responding defensively, stressing complaints should drive improvement.
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.
El regulador financiero de Nueva Zelanda insta a los consumidores a presentar quejas, señalando que la mayoría duda debido a la duda, la dificultad o la percepción de inutilidad.