Up to 57 per cent of financial planners, or 14,000 advisers, may exit the sector over the next five years as the reality of tougher educational standards and the fallout from damning royal commission revelations set in, the AFR reports. This puts A$900 billion of client wealth in play. This shift in the industry structure is a key finding of a report by Adviser Ratings, a consumer group set up in the wake of the Future of Financial Advice reforms. Angus Woods, the managing director of Adviser Ratings, said regulatory reforms that may come out of the royal commission's focus on vertical integration - the pushing of own products by company-aligned advisers - would further fuel the exodus. The Reserve Bank of New Zealand is to launch its new Dashboard tool on Tuesday, May 29. It will be a standalone website designed to make comparing bank financial metrics simpler and easier, doing away with the need to inspect each bank's General Disclosure Statement and compare them manually. The RBNZ says the aim is to improve "the comparability, accessibility and timeliness of information that banks are required to disclose to the public on their financial and prudential condition." ASB's executive general manager for retail banking, Russell Jones, is to become BNZ's general manager, technology and operations from mid-August. He follows former ASB business banking head Steve Jurkovich out the door (Jurkovich will start his new role as Kiwibank CEO in July). BNZ has also named Howard Silby, who is currently at its parent NAB, as new COO for customer, products and services; Dean Schmidt as general manager for corporate affairs; and Rob Aitken as general manager, transformation and strategy. Treasury executive, Paul Byrne has joined non-bank lender Pepper Group as its group treasurer - the same job title he had in his previous role with QBE. A company statement announcing the move said Byrne "will focus on broadening the group's existing treasury capability to become more globally focused, as Pepper seeks to optimise cash flow, strengthen the balance sheet and diversify the debt investor base to cater for this growth." As a result of this appointment, the company's long-serving group treasurer, Todd Lawler will leave Pepper Group.  Byrne commences at Pepper on Monday 28 May 2018.