Monday, February 24, 2020

Remuneration

Financial Advice NZ Defends Risk Commissions

Financial Advice NZ has hit back at criticism by a consumer group for suggesting life insurance advisers knowingly persuade clients to change policies just...

Advisers Should Consider Multiple Remuneration Structures – Research

New research released by MetLife Australia reveals ‘commission’ isn’t a dirty word, but suggests financial advisers should consider implementing a range of payment options...

Advisers Positive Around Risk New Business Levels in 2020

Advisers appear to be mostly 'bullish' when it comes to the level of life insurance new business they're looking to produce in 2020. As we...

The End is Nigh…

Managing Director of DCW Management, David Whyte, critiques the different aspects of the approaching regulatory regime, covering disclosure, licensing and adviser remuneration… A typical placard seen on...

Poll Results – Fee-For-Service Option Unpopular  

Our latest poll aimed to find out if you would be likely to charge a fee for your services in the future. At the time...

Latest Poll – Is Fee-For-Service For You? 

In our latest poll, we ask you whether you are likely to charge a fee for your services in the future. National adviser firm, Kepa,...

Government Announces Conduct Licensing Regime for Insurers and Banks

The Government has announced a new regime to regulate financial conduct, which it says will make banks and insurers treat their customers fairly. Commerce and...

Regulators Disappointed With Sector’s ‘Weak Appetite’ For Change

The Reserve Bank of New Zealand and Financial Markets Authority have voiced their disappointment with life insurers’ responses to the joint Conduct and Culture...

Partners Life Makes Changes to Bonus Commission Payments

Partners Life has announced it will be removing new business volume targets from bonus commission payments, effective 1 October 2019. In an update to advisers,...