Fidelity Life Simplifies Business Structure
Fidelity Life has officially transferred its subsidiary Fidelity Insurance – formerly known as Westpac Life - into Fidelity Life Assurance Company, returning New Zealand’s...
FMA Proposes New Business Continuity Requirement
A consultation document on the FMA's proposal to introduce a new standard condition covering business continuity and technology systems has been released.
Paul Gregory, FMA...
Statutory Liability Cover Poll
Defending a breach of the law would not only be a substantial cost to a FAP, but could be a significant interruption to the...
The Value of Statutory Liability Cover for Advisers
GUEST COLUMNIST – CLINTON STANGER
Liability cover for financial advisers often focuses on professional indemnity. However, FAPs can be exposed not only to new legislation,...
Hundreds of Advisers Leave the Sector in Australia
The financial advice industry in Australia saw almost 600 advisers leave the sector in the 12 months to 30 June, according to Wealth Data.
The...
Swiss Re Report Highlights Underinsurance
GUEST COLUMNIST – KATRINA SHANKS
New research from Swiss Re points to mounting economic pressures contributing to a reduction in the levels of insurance. Katrina...
Nib Reduces Pre-Existing Condition Stand-Down Time
Nib is reducing its stand-down period for pre-existing conditions covered under its Easy Health policy from three to two years, and offering a 10%...
Doing Just Enough May be Good Enough
Our report on a presentation at the 2023 MDRT Annual Meeting that great advisers should do just enough for their clients – and no...
Cyber Security Webinar for FAPs
Twenty percent of all cyber attacks in New Zealand target small to medium-sized businesses.
Katrina Shanks, CEO Financial Advice NZ says crooks don’t discriminate based...