Monthly Archives: June 2024
Cancer Dominates AIA’s Life Claims for 2023
Most reader engagement this week centred on our report about the increase in cancer claims made to AIA in 2023...
AIA accepted fewer claims last year according to just-published data. In 2023 it accepted 92%...
Dual Disclosure Obligations a Potential Risk for Small Business Owners
Concern that the country's 450,000 small business owners may be disadvantaged if the Contracts of Insurance Bill becomes law have been raised by Financial Advice NZ CEO Nick Hakes.
He told members of a select...
FMA Offers Help for FAPs’ First Regulatory Returns
The FMA is to hold two online sessions to help FAPs submit their annual regulatory returns.
All licensed FAPs are required to complete a return for the period 1 July 2023 to 30 June 2024,...
Top-Performing Advice Businesses Have Six Traits in Common
Advice businesses based in Australia that are enjoying more success exhibit certain critical characteristics, according to a new report by VBP-backed Elixir Consulting.
The inaugural 2024 Advice Operations Research Report, sponsored by Colonial First State,...
Poll
Majority of FAPs Keeping Ahead of Changes
Almost two-thirds of those who have so far taken part in our latest poll indicate they are ahead of changes introduced by the Government in Budget 2024.
According to a survey by Strategi carried out...
Dai-ichi Life Appoints New CEO for Asia-Pacific
Catching the attention of Riskinfo readers this week was our report on a key Asia-Pacific appointment at Dai-ichi Life, which will include oversight of Partners Life in New Zealand...
Dai-ichi Life, which includes Partners Life...
Mortgage Repayment Thresholds Lifted by Fidelity Life
Fidelity Life as lifted the offsets thresholds for its monthly mortgage repayment cover and mortgage protection cover from $5,000 to $7,500.
Customers now have the option to base their cover on 115% of their rent...
Financial Advice NZ Launches Connect Tour 2024
Financial Advice New Zealand has launched its Connect Tour 2024 and will visit six cities across New Zealand starting next month.
The tour will be hosted by local adviser committee members and focuse on shaping...
Proposed Amendments Announced for Code of Professional Conduct
The Financial Advice Code Committee has announced proposed amendments to the Code of Professional Conduct for Financial Advice Services and is seeking industry feedback on the proposed changes.
The amendments relate to the standards of...