Wednesday, January 16, 2019

Top Advisers Recognised at Kepa Conference

Kepa acknowledged some of its top advisers, at its recent annual conference, held at SkyCity in Auckland. Presented during the Adviser Awards Dinner, the winners for risk included: Ali Aliev of Maurice Trapp Group (Top...

Regulator Concerned About High Commission Levels

High commission structures continue to present a challenge to efficiency in the life insurance sector, the Reserve Bank of New Zealand has noted in its Financial Stability Report released at the end of November. In...

FMA Issues Public Warning About Palmerston North Adviser

Palmerston North registered financial adviser, Brian (John) Ferguson, has been identified by the Financial Markets Authority (FMA) as having engaged in serious misconduct. The FMA issued a public warning about Ferguson, following an investigation which found...

Partners Life Product Enhancements

Partners Life has announced a raft of enhancements that will mostly apply to its lump sum range of products. Taking effect from 5 December, the insurer has told advisers in an update summary that these...

Sovereign to Operate Under AIA Brand

AIA has announced that the Sovereign brand will be phased out, following its acquisition of Sovereign in July 2018. The insurer confirmed the process of rolling out the AIA brand will begin later this year...

Kepa General Sees Early Success 

Kepa has reported that its recent expansion into general insurance has been positively received by advisers. The new initiative, Kepa General, began on 6 August 2018 and officially launched to the network on 17 September. Kepa...

AIA/Sovereign Latest to Stop Overseas Adviser Trips

AIA New Zealand/Sovereign has announced it will cease offering overseas recognition trips for advisers after 2019. The insurer said the decision forms part of a wider review the company is currently undertaking to support good...

Partners Life Raises Medical Premiums

  Partners Life has announced a premium increase across its medical benefit range. The following benefit premiums will be increased for new policies issued from 31 December 2018: Benefits Age Gender Increase Medical, Specialists & Tests 0-20 Male & Female 11% Medical,...

Cigna One Step Closer Towards Robo-advice 

Cigna Insurance has received the green light to offer robo-advice, having been granted exemption from the Financial Markets Authority. Cigna Head of Marketing, Vince Warnock, says the insurance industry is facing a period of change,...

Poll

Poll – Advisers on Same Page re Minimum Qualifications

Most advisers seem to be in accord when it comes to possible double standards applying to future minimum adviser qualifications. As we go to print, 83 percent of those taking our latest poll think all...