Saturday, January 23, 2021

2020 in Review

It's been a frantic year, full of ups and downs, and surprises. Key people have moved from one firm to another, there's been mergers, confusion, and when it comes to the regulator's expectations of the...

Poll

Latest Poll: NZI and PI Insurance

NZI is to restrict its professional indemnity insurance to FAPs with three or more advisers, says the firm. The announcement surprised Katrina Shanks of Financial Advice NZ, who says her organisation will need to...

Healthcare Costs Predicted to Rise in 2021 – Report

The 2021 Global Medical Trends Survey published by WillisTowersWatson reveals that while Covid-19 has led to a significant reduction in healthcare use and overall costs during 2020, the decrease will be short-lived. The company surveyed...

NZI Disappoints Advisers With PI Decision

The announcement by NZI that it will restrict its professional indemnity insurance to FAPs with three or more advisers will impact hundreds of sole trading financial advisers says Clinton Stanger, a member of Insurance...

Sharecare’s Wellness App Dropped by Fidelity Life

Focusing on its staff, customers and advisers – along with pushing ahead with its company-wide transformation – meant something had to give, and for Fidelity Life that was its arrangement with US-based Sharecare and...

Advisers Need to Maintain Trust Through the Advice Journey

GUEST COLUMNIST – KATRINA SHANKS How many times have we heard the term ‘unprecedented’ this year? 2020 has been a year like no other for New Zealanders – and for their financial advisers, writes Financial...

Confusion Over Ending of Grandfathered Risk Commissions

Advisers in Australia have raised objections to the impending cessation of insurance commission payments applying to a set of policies written through BT Financial Group. The key issue, which has caused significant confusion among some...

Podcast News Wrap For 8 December 2020

Closing the Gaps Strategi Institute has a new training course called Closing the Gaps. It is aimed at advisers who hold one of the level 5 qualifications but need to prove they have the competence,...

Poll

Poll Result: It’s Almost 50-50 On Merger Benefit

With October's merger of Kepa and NZFSG settled, and what with SHARE and Newpark Group joining forces recently, industry consolidation in New Zealand continues. With that in mind, last week we asked if the merging...