Thursday, November 27, 2025

Latest Poll – Support Team Costs?

Economically it has been a tough couple of years with many industries feeling the pinch, but how are financial advisers faring, has your practice seen a rise in the cost of employing your support...

‘Record-Breaking’ Year for Claims Payments – Partners Life

Partners Life has released its latest claims brochure which points to "another record-breaking year" for claims payments. In an Adviser Update the insurer says the statistics for the financial year ending 31 March 2025, show...

Australian Advice Firms Enter New Era of Talent Scarcity

Financial advice practices in Australia are facing the most competitive talent market in a decade, with new research revealing sharp increases in remuneration, surging bonus payments, and a structural shift in how firms attract...

Caution on Over-Reliance on Automated Outputs

The FMA is cautioning advisers that research tools are most effective when used as part of a broader, holistic advice process. In its latest Financial Advisers Update the FMA includes a ‘spotlight’ on using research...

Customers Want Both Gen AI Efficiency and Human Empathy

While insurance customers welcome Generative AI’s convenience and possibilities for personalisation, they remain concerned about privacy, accuracy and access to human support, according to a new global report. The Geneva Association’s report, Gen AI in...

Warning of Structural Change in Life Sector

Advisers across the Tasman have been cautioned that the life and health insurance industry in Australia is facing structural change driven by mounting mental health claims, rising premiums, and ongoing cost-of-living pressures. AIA Australia CEO...

Ratings Upgrade for Asteron Life

Asteron Life has received a Fitch Ratings upgrade following Nippon Life’s global acquisition of its parent company Resolution Life. Asteron Life says Fitch Ratings has upgraded its Financial Strength Rating from ‘A’ to ‘A+’,  reflecting...

Your Say – Technicians and Trust

A hefty majority of advisers, it appears, disagree that in the new world of AI, advisers who rely on their technical expertise risk becoming irrelevant. As we go to press 65% of advisers disagreed with...

Adviser Numbers on the Rise

The number of financial advisers in New Zealand grew by 8.4% to reach nearly 9,200 in the year to 30 June 2025, according to the FMA’s November Financial Advisers Update. The authority says financial adviser...

MDRT 2026 Membership Now Open

MDRT New Zealand has announced that membership for 2026 is now open for advisers either renewing their membership, part of the MDRT Academy community or advisers thinking about joining for the first time. MDRT New...