Overly Conservative? Poll Result
In a surprising result, our latest poll finds that a big majority of advisers agree that their advice practice is overly conservative in the...
Latest Poll – ‘Cautious’ Advice?
Our latest poll is seeking your views on whether your advice practice is overly conservative in the advice processes it uses, which the FMA...
FMA Cancels FAP Licence
Our report that the FMA has cancelled the FAP licence of a company for failing to meet its licence obligations, attracted...
Adviser Caution Making Advice Less Accessible – FMA
One of the key messages to advisers from the FMA's Chief Executive is that the regulator encourages them to “innovate and think differently, to...
Key Risk Appointment at MAS
Life and general insurance company, Medical Assurance Society (MAS), has announced the appointment of experienced financial services leader Rebecca Sellers as its Chief Risk...
Fidelity Life’s Financial Strength Rating Affirmed
Fidelity Life has again had its A- (Excellent) financial strength rating affirmed by AM Best, which the insurer says marks 30 consecutive years since...
Bank Fined $2.1M for Fair Dealing Breaches
The High Court has imposed a final penalty of $2.1 million on ASB Bank for fair‑dealing breaches relating to its insurance products and banking...
Record Financial Complaints in Australia
The Australian Financial Complaints Authority received a record number of complaints last year, up 14% on the 2024 figure to reach 111,373.
The increase in...
Poll Result: File Notes Up to Scratch?
In the event of a customer ever disputing advice given by advisers, it seems a healthy majority of those in the sector believe their...