Wednesday, January 29, 2020

Compliance & regulation

FMA Wants More Cash to Regulate Financial Markets

With the Financial Markets Authority (FMA) taking on more work it is exploring ways to fund those additional responsibilities. Consultation has started on funding options...

Insurers Could be Forced to Hold More Cash

Some insurance providers could be at risk due to a lack of solvency capital according to a report published by the Reserve Bank of...

Uncertain Times Means it’s Time to Dig Deep

Half of all life insurance advisors in New Zealand have a shock coming says The Adviser Platform's Ryan Edwards. He says the changing regulatory environment,...

Advisers Positive Around Risk New Business Levels in 2020

Advisers appear to be mostly 'bullish' when it comes to the level of life insurance new business they're looking to produce in 2020. As we...

Kris Faafoi to Open Advice Summit

Kris Faafoi, Minister of Commerce and Consumer Affairs, is to open the 11 February Get In Shape Advice Summit in Wellington. Organised by the FSC,...

Time is Running Out on Your Future

A key industry figure says financial advisers need to act now if they intend to continue in the business after June this year. “We all...

3,000+ Advisers Exit Major Aussie Institutions – New Report

Major regulatory action post the Australian Royal Commission, combined with strategic exits by major banks along with a 50 percent increase in exits from...

Latest Poll – Life Insurance Business in 2020 

In our first poll of the New Year we ask what levels of life insurance business you expect to write in 2020. The regulatory environment...

Government Introduces Conduct Bill 

The Government introduced the Financial Markets (Conduct of Institutions) Amendment Bill yesterday. The Bill aims to improve the conduct of banks, insurers and other financial...

The Human Impact of Change

Newpark Chief Executive, Melanie Purdey, explores the human impact of change and shares three tips to help advisers handle change… Nigel Latta, a well-known psychologist and...