Preece v Colonial Mutual General Insurance Co (NZ) Ltd - [1995] 3 NZLR 730

Bankers and banking — Duty of care — Whether banker/mortgagee owed mortgagors duty of care to advise them of change in terms of insurance policy — Whether bank in fiduciary relationship with mortgagors — Whether bank owing fiduciary duty to mortgagors to advise change in terms of insurance policy.

Equity — Fiduciary relationship — Whether banker/mortgagee in fiduciary relationship with mortgagors — Whether banker/mortgagee owed mortgagors duty of care to advise them of change in terms of insurance policy.