Wednesday, January 16, 2019

Over 700 Attendees for FSC Summit

The Financial Services Council has confirmed over 700 financial advisers and industry specialists have signed up to the 2019 Navigating Regulation Advice Summit so far. The FSC noted the major regulatory changes in play are...

AIA/Sovereign Appoints New Chief Underwriter

AIA/Sovereign has announced Stephen Potter will commence as Chief Underwriter to both AIA and Sovereign on 15 January 2019. The insurer noted Potter’s long history in the personal insurance industry and Chief Customer Officer, Sharron-Moana...

Consumers Seek More Explanation on Fees and Products

Consumers want more explanation around fees and suitability of products from their financial advice providers, according to a recent survey by the Financial Markets Authority. The survey explored consumers’ experience of providers’ conduct and forms...

Fidelity Life Appoints Head of Underwriting 

Fidelity Life has announced Sian Johnson will join its team as Head of Underwriting and New Business, effective from 21 January 2019. She will replace Stephen Potter who was recently announced as incoming Chief Underwriter at...

Poll

Poll Results: Underwriters Lead the Way

The results from our latest poll suggest that while some things change, others stay the same. In what is sure to be a pivotal and changing year for the New Zealand life insurance and financial...

New Appointments at Fidelity Life to Support Advisers 

Fidelity Life has announced a number of appointments to bolster its support for advisers and customers. The following appointments to new roles have been announced, which Fidelity said is part of its new sales and...

MBIE Releases Discussion Paper on Licensing Fees and Levies 

The Minister of Commerce and Consumer Affairs, Kris Faafoi, has released a discussion paper seeking feedback on proposed financial advice provider licensing fees and changes to the FMA levy in the new financial advice...

Research Dispels ‘Traditional View’ of Financial Services Sector 

Research released by the Financial Services Council has shone new light on the contribution of the broader financial services sector to the New Zealand economy. According to the report, named Towards Prosperity, the financial services sector is...

Asteron Life Research Reveals Women SMEs Seek Advice Less Than Men

Asteron Life research has found that female SMEs are significantly less likely to use advisers than males and do not see the value of using them. The third issue of Asteron Life’s SME Insurance Index...

FSC Launches 2019 Navigating Regulation Advice Summit

The Financial Services Council, together with the Financial Markets Authority and MBIE, has launched the 2019 Navigating Regulation Advice Summits, which will be held nationwide in March. This Summit is designed to provide insight, support...