Errors, Misunderstandings, Bias in Royal Commission Recommendations on Risk Commissions – AFA
In Australia, The Association of Financial Advisers has released a scathing analysis of the Banking Royal Commission’s recommendations on the future of life insurance...
Life Insurers Rank Low in Customer Satisfaction Survey
The latest survey from independent not-for-profit, Consumer NZ, has found customer satisfaction with life insurance companies is low.
Overall, 39 percent of Consumer NZ members...
Is Risk Commission a Sales Incentive?
Our latest poll reveals the majority of advisers disagree with the Government's view that sales incentives no longer have a place in the life...
NZ Government Looking Closely at Australian Royal Commission Final Report
The New Zealand Government has announced it will scrutinise the outcomes of the Australian Royal Commission to see if the recommendations should be implemented...
Australian Government May Consider Mandating Level Commissions for Risk
Updating the fallout from its Financial Services Royal Commission, The Australian Government is contemplating the implementation of a flat life insurance commission structure in...
Bleak Future for Life Insurance Commissions in Australia
The possibility of a total ban on life insurance commissions across the Tasman has edged a step closer this week with the release of...
Latest Poll – Removal of Sales Incentives
Our latest poll seeks your response to the Government's announcement last week that it intends to rid the life insurance industry of sales incentives...
New Adviser Remuneration Model Discussion Paper Released
A discussion paper on a new remuneration model for risk advisers has been released by the thinkers behind it, Bruce Cortesi and Darrin Franks,...
Government Pledges to “Get Rid of Sales Incentives”
The Government has declared that sales incentives no longer have a place in the life insurance sector.
Shortly after the RBNZ and FMA published their...