Tuesday, October 26, 2021

Clock Ticking on Full FAP Application Deadline

The FMA has set 30 September 2022 as the target date by when all transitional financial advice providers should apply for their Class 1 or Class 2 full licences. For Class 3 licence applicants,...

Time Running Out on AIA’s ‘Free Month’ Offer

Financial advisers have just a few days left before AIA NZ's offer to pay the first month's premium on qualifying new policies expires. The offer was launched in September, ends on Sunday 31 October, and...
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Time-frame for FAP Licence Applications welcomed by FSC

Richard Klipin, CEO of the FSC, says the FMA has provided a clear roadmap for financial advisers having set the date for transitional licence holders to apply for a full FAP licence. The FMA has...

FMA Has Plenty of Scope to Expand According to Outgoing CEO

The work of the FMA is only half done says its outgoing CEO Rob Everett. Everett, who is leaving the regulator to head up New Zealand Capital Growth Partners, spoke during an FSC webinar where...

mySolutions Offer New PI Cover

A new PI product that's said to be less expensive than those provided by most market competitors is being offered by industry training and support firm mySolutions. The company reviewed the options for PI cover...

Deadline Date Set for Transitional FAP Licence Holders

The FMA has set 30 September 2022 as the target date by when all transitional financial advice providers should apply for their Class 1 or Class 2 full licences. For Class 3 licence applicants,...

Aussie Life Insurance Claims Data Continues to Show Value of Advice

Latest life insurance claims and disputes statistics out of Australia continue to demonstrate the advantage consumers who are advised have when compared to non-advised consumers. APRA’s latest Life Insurance Claims and Disputes Statistics state that...

Pendulum Commission Model Helps Adviser Cash-Flow

Cigna reminded advisers this week about its commission model announced in March and shared how advisers could use their ‘As Earned’ option in tandem with pendulum renewals to improve long term cash-flow. The firm's David...
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