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Westpac swings the axe on trail commissions; FANZ reacts

  • Thursday, October 16th 2025

Westpac ends trail commission payments to mortgage advisers.

Financial Advice NZ criticises move and says it runs counter to these global trends.

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TMM - The Mortgage Mag is 100% dedicated to delivering excellent news, video and information to all mortgage advisers in New Zealand. We deliver news to advisers through TMMOnline.nz and its associated email newsletter. Every two months we publish TMM - The Magazine. This is sent to all mortgage advisers. TMM is part of Tarawera Publishing Ltd. TPL is the oldest and largest publisher in NZ's financial adviser market.

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