AIA Reports Year-on-Year Increase in Customers
News that AIA's client base grew by 15,000 last year, and that 70% of the population is underinsured, generated significant interest among Riskinfo readers...
Trust and Service are the Keys to Growth
Consumer trust in large financial institutions is slipping away, says CoreData Group’s founder and CEO Andrew Inwood.
Speaking at the global MDRT 2023 conference in...
New Chief Risk Officer at AIA
AIA NZ has appointed Ben Lovelock as its new Chief Risk Officer. He took up the role on 3 July following the retirement of...
Bank Change May Trip up Policyholders
All major banks have moved to seven-day payments and as a result have adjusted the processing of direct debit requests to align to the...
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...