Wednesday, May 22, 2019

Remuneration

Commission Cap Concerns

Bruce Cortesi and Darrin Franks, who previously published a new remuneration concept paper (see: New Adviser Remuneration Model Discussion Paper Released...) have voiced their...

Partners Life Stands Up For Advisers

Partners Life has released a document to highlight the work an adviser carries out over the duration of a long—term life insurance contract and...

Poll Results – Commission Cap Possibility Not a Favoured Choice 

It probably comes as no surprise that the results of our latest poll suggest a capping of life insurance commissions would not be a...

Latest Poll – Capped Commissions Coming to NZ?

The Government is considering capping up-front life insurance commissions and potentially trail too, as detailed in an options paper for its Conduct of Financial...

Pros and Cons of a Commission Cap

In the Government’s recently released options paper on its review of the Conduct of Financial Institutions, (see: Government Considers Capping Commissions…) the pros and...

Government Considers Capping Commissions

The Government is considering the possibility of capping upfront and/or trail commissions for intermediaries of insurers and banks and banning products that lead to...

Compliance Costs, Uncertainty Concerns for Advisers

Increased compliance costs and uncertainty about the future dominate the thoughts of a lot of Kiwi advisers at the moment. As the industry edges closer...

Latest Poll – Dawn of a New Advice Era

The passing of FSLAB into law heralds the beginning of a new financial advice regime in New Zealand, and we're keen to know what...

ClearView Statement in Support of Commissions

Another insurer has added its voice to the growing number of calls for the retention of life insurance commissions as a valid remuneration option...

Another Insurer Steps Up to Support Risk Commissions in Australia

MLC Life Insurance is the latest insurer to put its weight and support behind the perpetuation of life insurance commissions in Australia. It released a...