Tuesday, June 25, 2019

Tag: Government

Licensing Fees Confirmed, Estimated 10% Drop in Advisers Under FSLAA

The Government has announced that the new regime for financial advice will come into force in June 2020, with the exact date to be...

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...

Review of Insurance Contract Law Options Paper Released 

  The Government has released an options paper for consultation on its review of insurance contract law. The review aims to: Improve consumer understanding around disclosure...

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...

Govt Releases New Productivity Tools for Small Businesses

Business.govt.nz has launched five free tools specifically to help small businesses improve their operations strategy and free up more time to focus on their...

NZ Government Looking Closely at Australian Royal Commission Final Report 

The New Zealand Government has announced it will scrutinise the outcomes of the Australian Royal Commission to see if the recommendations should be implemented...