Adviser Firm Licence Cancelled by FMA
The FMA has cancelled Foundation Advice Limited’s (FAL) FAP licence. FAL was an Auckland-based company offering advice on life and health insurance as well...
Partners Life Introduces Lower Fees
Our report on the reduced cost of the underlying rates on a range of Partners Life’s products – and that more changes are in...
Adviser Firm Offers Options on Client Ownership
Most interest this week was directed to our report about a financial services firm that prefers advisers keep their client list when they decide...
FMA Wants More Information From FAPs
Our report about the FMA wanting annual reports from FAPs – so the regulator can keep tabs on the sector – was this week's...
Link Financial Group Sells Majority Stake
Link Financial Group, which operates the Insurance Link and Mortgage Link businesses, has sold a majority share in the firm to home loan and...
Partners Life Clears up BNZ Life Questions Following Acquisition
With Partners Life having completed its acquisition of BNZ Life, financial advisers might wonder what will change for their clients who have a policy...
Less Than Half of Advisor Business Ready For an Audit
There's mixed results to our latest poll that asks advice business owners if they are prepared for an FMA audit.
Of those who have so...
Quotemonster Takes to the Road for National Tour
A series of 13 roadshows highlighting changes to the Quotemonster platform will take place across the country over the coming weeks, with the first...
Fidelity Life Promises 24 Hour Turnaround for New Policies
Fidelity Life is promising to issue new standard policies within 24 hours of receiving an application – or the policy fee will be waived...