Thursday, January 16, 2025

Compliance & regulation

Poll icon at 4-3

Insurers Delivering Advice?

Our latest poll asks you to consider an issue with which advisers across the Tasman are presently grappling. As we’ve reported this week, the Australian...

Premiums Cost More Than Policy’s Value

By far the most-read Riskinfo report this week is the story of an adviser who took their eye off the ball – leaving a...

RBNZ Sends Warning Shot to Quest Insurance Group

The Reserve Bank has issued a warning to Quest Insurance Group (Quest) for failing to comply with the Insurance (Prudential Supervision Act 2010). The niche...

Strategi Retains Top NZQA Rating

Strategi Institute has retained its category one rating from government qualifications regulator NZQA. The firm has held the rating for 12 years. In its latest...

FMA Investigations See $215m Returned to Customers

In the 12 months to 30 June, investigations by the FMA saw banks and insurers give back more than $215m to their customers. The...

Webinar to Highlight How Hackers Target Advisers

NZ Financial Services Group (NZFSG) is hosting a webinar for financial advisers to help them identify and combat cyber threats. The event is during...

AA Insurance Face $6m Penalty

A High Court judge has told general insurer AA Insurance (AAI) that its customers should feel secure that insurance premiums will be charged, and...
appointment

Director of Transformation Appointed to FMA

The FMA has appointed Kari Jones to its leadership team as Executive Director for Transformation and Operational Delivery. She is due to start at...

Southern Cross Carries out Major Product Review

Southern Cross Health Insurance is introducing benefit improvements to many of its policies this month following what it calls "a major product review". While not...