Wednesday, September 26, 2018

Compliance & regulation

“Succession Issue to Solve” – Kepa 

According to the head of one of the country's largest advice groups, the combination of ageing advisers and impending regulatory change may be a...

Thinking Long-Term in a Long-Term Industry – Ballantyne

Partners Life Managing Director, Naomi Ballantyne, has warned the insurance industry that more thought needs to be centred around the longest-held customer and the...

Australian Insurer Conduct In Royal Commission Crosshairs

The Financial Services Royal Commission has concluded the first week of hearings into the life insurance sector, repeatedly questioning whether the actions of insurers...

FSLAB Passes Second Reading 

The Financial Services Legislation Amendment Bill has passed its second reading in Parliament on 12 September 2018. Receiving unanimous support, the next step will see the...

“You Can’t ‘Will’ Good Conduct” – FMA Chief

Financial Markets Authority (FMA) Chief Executive, Rob Everett, gave a cautionary address on the deterioration of trust and repercussions of poor conduct at the...

Australian Royal Commission Will Not Examine Life Insurance Advice

Financial advice related to life insurance will not be examined during the current round of hearings of the Royal Commission into Misconduct in the...

FSC Launches New Code of Conduct

The Financial Services Council (FSC) has launched its new Code of Conduct, containing a new set of standards and guidance for its members. Developed by...

Non-Disclosure Tops Life Insurance Complaints

Non-disclosure was the top complaint issue for health, life and disability insurance-related complaints made to the Insurance & Financial Services Ombudsman Scheme (IFSO), in...

Adviser Doubt on FSLAB Outcomes

The jury is well and truly out on whether the proposed FSLAB reforms will ultimately improve access to high-quality financial advice in New Zealand. As...

New Compliance Service Launched

A new compliance solutions firm, Compliance Refinery, has launched for financial advisers. The company provides solutions that fit with adviser businesses taking into account the...