Wednesday, August 10, 2022
New appointment

CEO of SHARE and Newpark Resigns

Tony Dench has resigned as CEO of SHARE and Newpark, but will remain with the firms until the end of the year. “When I joined SHARE five years ago, the SHARE board asked me to...

Cigna Makes Refunds Over CPI Premium Adjustments

Cigna Life Insurance NZ has admitted to making false and/or misleading representations to customers in proceedings brought by the FMA. The case was filed in the Wellington High Court and alleges that Cigna breached the...

The Inevitability of Accountant/Planner Joint Ventures

Jose Alguera-Lara of Australian firm ASV Wadeson is adamant the days of loose Accountant-Financial Planner alliances are over and joint ventures focusing on delivering value-add services will be the future. In order to be...

Majority of Advisers Don’t Factor In Gender Pay Gap

The results of the latest RiskinfoNZ poll shows that 82% of those who cast a vote don't consider the gender pay gap when consulting with female clients. Our question followed the FSC’s ‘It Starts With...

Rate-Rise Plan Announced by Cigna

Cigna is to increase the underlying premium rates on its current life, trauma and disability cover across assurance extra, business assurance, business extra, and agribusiness extra products from 9 September 2022. The firm says level...

Cigna Updated Medical Conditions For 11 Products

Cigna has released details of enhancements to its assurance extra, business assurance, agribusiness extra and business extra policies covering multiple sclerosis, severe diabetes, medically acquired HIV, severe peripheral neuropathy, and severe cognitive impairment. The udates...

Asteron Life Reports Premium Growth Despite ‘Challenging Environment’

Suncorp New Zealand's life insurance business Asteron Life delivered an underlying profit after tax of $38 million in the year to June 2022. The firm also saw in-force premium growth of 4% and experienced...

Money Week Supported by Financial Advice NZ

Financial Advice NZ is taking part in this week's Money Week which has the theme of ‘Just wondering’. Event organisers hope to encourage Kiwis to talk more openly about money and ask for help. Recent...

Boost For Staff Working at nib

nib New Zealand is offering a suite of additional benefits to its staff to better support their health and wellbeing. The firm's CEO Rob Hennin says the benefits demonstrate nib’s commitment to diversity and inclusion...

How to Emphasise Policy Value Over Premiums

A video to help advisers navigate price rejection during a client consultation has been released by Partners Life. The firm has had an increased number of advisers talk to it about pricing, and asking for...