Thursday, May 2, 2024

General

Risk Sales Remain Stagnant, While Health Insurance Grows

While New Zealand’s health insurance industry has grown for its twelfth consecutive quarter, its life insurance industry growth remains flat, according to statistics released...

Reserve Bank Questions Risk Commission Levels

While The Reserve Bank has concluded New Zealand’s financial system remains sound, including its insurance sector, it has noted the level of risk commissions...

Nearly Half of Kiwis Turn to Own Judgement For Financial Advice

The Commission for Financial Capability's latest quarterly Financial Capability Barometer survey has found that nearly half of Kiwis rely on their own judgement for...

Robo-Advice to Channel Business For Human Advisers 

Kiwi Wealth has become the first financial services provider to receive robo-advice approval from the FMA and its GM Customer, Product and Innovation, Joe...

Soft Commissions Continue to Fall Among AFAs

The percentage of AFAs who said they received ‘soft commissions’ continues to fall, according to the Financial Markets Authority’s (FMA) latest statistical snapshot on...

Advisers Favour ‘Critical Illness’ Terminology

The results from our latest poll indicate the majority of advisers favour a move that would see the term 'Critical Illness Insurance' adopted across...

Trauma or Critical Illness…?

Our latest poll stems from a call by the Insurance & Financial Services Ombudsman for the industry to move away from using the term...

Launch of New International Paraplanning Standard

A new International Paraplanning Standard benchmark has been released in the UK this week. Initiated by UK consulting firm, Standards International, the Paraplanning Standard has...

One in Four New Zealanders Have no Cash Savings 

ANZ’s Financial Wellbeing Survey has found a quarter of Kiwis have no cash savings. The survey of more than 1500 New Zealanders explored the financial...