Monday, July 22, 2019

Remuneration

Asteron Life Reviews Commissions 

Asteron Life has announced it has reviewed its commission structure for advisers. Asteron Life Executive Manager Life Distribution, Graham Hill, says the review was undertaken,...

News in Brief

Financial Advice NZ Reveals 10 Business Partners  Financial Advice New Zealand has announced the names of its ten new Business Partners for its partnership programme...

AFA, FPA Life Insurance Task Force Latest

The AFA and FPA have released further details on their joint life insurance task force initiative (see: AFA, FPA Join Forces…). Positioning the formation of the...

New Australian Research Supports Retention of Risk Commissions

Australian insurer, ClearView, has released new research which reveals that any additional changes to adviser remuneration will neither lift advice quality nor result in...

Partners Life Commission Correction

Latest news from Partners Life includes the implementation of a correction to address a commission payment error and the release of details for a...

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...