Australia’s New Class of Adviser
The news that a new class of adviser is likely to become a reality across the Tasman in 2025 generated a huge amount of...
FMA to Change Regulatory Approach for 2025
There was strong reader interest this week in news that the FMA will be changing its regulatory approach next year...
No new rules will be...
Auditor’s Licence Cancelled
The New Zealand licence of Sydney-based auditor, Mr Sam Danieli, to carry out FMC audits in New Zealand has been cancelled by the FMA.
Danieli’s...
Dacreed Picks up Adviser Support Programme
The adviser support programme (ASP), launched by Partners Life in 2018, is being handed over to compliance and training firm Dacreed.
Originally launched as a...
Partners Life Changes Commission Structure
Partners Life has announced changes to its commission structure and as of January 1, 2025 it will no longer calculate bonus commission based on...
Life After Licensing Survey
The FSC's Professional Advice Committee has launched a survey to gauge the state of the sector since the introduction of new regulations.
It wants to...
Confidence in Financial Sector Down on Last year
Three quarters of New Zealanders believe financial service providers treat them fairly, with banking and KiwiSaver firms perceived to be fairer than insurance providers....
Modest Support for Insurers to Offer Personal Advice
A proposal in Australia pushing for life companies to offer limited personal advice to consumers doesn’t wash with Kiwi advisers. According to our latest...
Life Cover Premium Complaint Dismissed
News the Insurance & Financial Services Ombudsman sided with an adviser accused of misleading an elderly client generated strong reader interest this week...
A client...