Wednesday, September 30, 2020

Grant Willis has been appointed to the newly established Head of Life role at Asteron.

Asteron Appoints Head Of Life Manager

Suncorp New Zealand has appointed Grant Willis to the newly established Head of Life role. Willis, who was previously the firm's Executive Manager – Life, in Insurance Solutions, will oversee the core functions of Asteron...

Poll

Are You Managing Your Conflicts Of Interest?

The issue of conflicts of interest is coming under greater focus by industry the industry regulator and has been clarified further this week by Katrina Shanks, CEO of Financial Advice NZ (see: Unpacking Conflicts...

Pandemic Boost to Life Risk Sales

The pandemic has seen a spike in life risk sales for the June 2020 quarter, according to data from DEXX&R's Life Analysis Report. A statement from the company says that in Australia, Individual Lump Sum...

Podcast News Wrap For 22 September 2020

FMA Urges Advisers Not To Delay Licence Application This week financial advisers were given a vote of thanks by the FMA for helping their clients through the Covid-19 alert levels. Speaking during Financial Advice NZ’s Bounce...

2,000 Advisers Yet To Apply For A Transitional Licence

Financial advisers were given a vote of thanks by the FMA during Financial Advice NZ's first Bounce conference on Monday. John Botica, the regulator's Director of Market Engagement, told an online audience of 385 industry...

Nib To Raise Premiums By Almost 10%

Health insurance firm nib has raised premiums by an average 9.7% on the back of the rising cost of claims. In a statement, the firm said: “These reviews ensure that premiums are sufficient to pay...

The Eight Pillars Of Trust

The biggest issue facing anyone working in sales is trust, says David Horsager, a global trust expert and CEO of the US-based Trust Edge Leadership Institute. During his presentation at the MDRT 2020 Virtual Event...

Unpacking Conflicts Of Interest

GUEST COLUMNIST – KATRINA SHANKS Mitigating and managing conflicts of interest is a key element in the new disclosure requirements, writes Katrina Shanks, CEO of Financial Advice NZ. But how can advisers spot potential conflicts...

Southern Cross Health Society Operating Well

Southern Cross Health Society Group, which returned $50 million to its members this year, posted a surplus of $32.4 million for the year ended 30 June 2020. In the last financial year, the society paid...