ANZ to Remove Sales Incentives
ANZ Bank New Zealand has announced all its frontline retail sales incentives will be removed from 1 October 2018.
Addressing the concern that sales targets...
Commissions to Stay: MBIE
The Ministry of Business, Innovation and Employment (MBIE) has made it clear that banning commissions would achieve little, following the release of its response...
New Remuneration Model Concerns Addressed
The duo behind the new remuneration model for advisers proposed earlier this month (see: New Adviser Commission Model Proposed…) have responded to concerns from...
Latest Poll – New Adviser Commission Model?
A new commission structure for insurance advisers has been proposed, which would see a shift from upfront commission paid as a percentage of the...
New Adviser Commission Model Proposed
Two industry leaders have created a new remuneration model concept for insurance advisers and confirmed they have conducted initial discussions with the Financial Markets...
Risk Commissions Poll Results
The results of our latest poll suggest most Kiwi advisers are comfortable with their current commission arrangements - but the sentiment is not universal.
As...
Are Risk Commissions Too High?
Our latest poll is based on a recent report released by the Reserve Bank which includes a statement that life insurance commissions in New...
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...
Jury Out on Impact of Robo-Advice
Our latest poll results suggest advisers lack interest in the impact of robo-advice services, and are unsure about whether it will benefit or disadvantage...