Tuesday, March 26, 2019

Draft Code Submitted to Minister Faafoi 

The Code Working Group has confirmed that it has submitted the draft Code of Conduct to Commerce and Consumer Affairs Minister, Kris Faafoi, for consideration. The CWG noted the draft Code is based on the...

Poll

Poll Results – Advisers Not Daunted by the Future

The results of our latest poll suggest nothing much has changed for advisers over the last 12 months when it comes to their position on individual licensing. As we go to press, the most popular...

News in Brief

FSC Confirms Faafoi for Summit, Launches Advice Regulation Hub The FSC has confirmed Minister Faafoi will be attending the Wellington Navigating Regulation Adviser Summit on 13 March 2019. The FSC also launched its new Navigating Regulation...

Partners Life to Back Advisers on Commissions

Partners Life Managing Director, Naomi Ballantyne, has voiced the insurer’s intention in doing its utmost to make sure any possible change in commissions here such as seen in Australia, doesn’t result in significant detrimental...

Newpark Announces New Chief Executive 

Newpark Financial Services has appointed Melanie Purdey as its new Chief Executive, commencing 2 April 2019. Chairman Burton Shipley said Purdey was selected for her 25 years experience in financial services in both Canada and...

Partners Life Tackles Underinsurance With Get Life Right Campaign 

Partners Life has launched a major brand campaign that aims to turn New Zealanders’ ‘she’ll be right’ attitude to risk on its head, with its funny yet thought-provoking approach. The Get Life Right campaign went...

Partners Life Launches Automated Advice Tool For Advisers

Partners Life has unveiled new tool Evince, an online platform for advisers to help automate part of their advice process. The new tool was announced at the Partners Life Launch Roadshow held at Skycity last...

Fidelity Life Launches Campaign For New Customers

Fidelity Life has launched a campaign to benefit its new customers. The insurer is offering to pay the first two months’ premiums for new Platinum Plus, Platinum Plus Level or Mortgage Protector policy applications submitted...

Commission Ban Not Part of the Plan, FMA Clarifies 

The FMA’s Chief Executive, Rob Everett, has clarified the regulator’s stance on adviser commissions, during the Economic Development, Science and Innovation Committee's annual review of the regulator. Referring to the recommendations the FMA gave in its life insurer...

AIA Releases Rebrand Details Following Sovereign Deal 

AIA has appointed Auckland-based communications and marketing agency, Anthem, to lead the rebranding of AIA in New Zealand, following its acquisition of Sovereign last year. AIA New Zealand’s brand will be relaunched in 2019 and...