Caution Needed When Belonging to More Than One FAP
Financial advisers working with multiple Financial Advice Providers will be placed under a high level of scrutiny by the Financial Markets Authority.
A document released...
Strong Take-Up of Partners Life Adviser Support Programme
Almost 100 advisers have completed all available modules in the Partners Life Adviser Support Programme which was launched just over a year ago.
The programme,...
New Call to Reform the Disability Insurance Sector in Australia
Australia’s $5 billion disability income insurance sector needs urgent reform, according to the country's Actuaries Institute, noting that failure to implement significant changes “...will...
AIA Launches New Support Programme for Financial Advisers
AIA has launched a new adviser support programme to help reduce the pressure of incoming regulatory changes and help them improve client communications.
Called Apollo...
Raising Standards Key to Attracting Talented People
More than 600 people at the Auckland leg of Get in Shape 2020 heard the financial services industry struggles to attract talented people due...
Have Your Say on Future Levy Costs
It's not too late to have your say when it comes to industry levies as the consultation period is still open.
More than 600 delegates...
Financial Conduct Bill Clears First Hurdle
New rules governing the financial markets industry are one step closer to becoming law with the Financial Markets (Conduct of Institutions) Amendment Bill having...
Advice Sector Coming to the End of the ‘Hard Grind’ – Minister
Commerce Minister, Kris Faafoi, has shared a personal experience with advisers which underpins his support for the value of life insurance advice, as the...
Churning Penalty for AMP
The Australian Federal Court has ordered AMP to pay a AU$5.175 million (NZ$5.41m) penalty after it found the insurer failed to take reasonable steps...