Consumer Data Right Proposal – Industry Reaction
The government has taken the first steps to establish a Consumer Data Right (CDR), a legal framework for companies to share their client's personal information with competitors.
The system, proposed by MP David Clark, would...
Poll
Advisory Practices Keen to Work with Schools
With plenty of evidence appearing to show that many Kiwis lack the skills to manage their money well or have an appreciation for the value of insurance, some organisations are connecting with schools to...
Insurers Need to Focus on Consumer Experience – Report
A new report by IBM says that until recently insurers didn’t need to be overly concerned about how they were perceived by their customers – claiming the industry focused more on selling than providing...
FMA’s Priorities for the Coming Year
The FMA has released its annual corporate plan outlining the organisation's priorities for the next 12 months.
CEO Rob Everett, who announced in March he was preparing to leave the FMA in September, says areas...
2021 Cigna Victoria University Actuarial Scholarship Winner Named
Declan Barrett (pictured) has been awarded the 2021 Cigna Victoria University Actuarial Scholarship.
The 20-year-old is in his second year at Victoria University of Wellington and is studying a Bachelor of Science in Actuarial Science...
OnePath Penalised Over Direct Insurance Sales Practices
In Australia, ASIC says OnePath Life is remediating up to $35 million to more than 40,000 customers who were sold life insurance policies over the phone between 2010 and 2016, through sales practices associated...
Poll
New Poll – Time to Build Strong Links with Schools
The issue of low financial literacy being linked to the low uptake of insurance, and Kiwi's low levels of overall financial wellbeing, have been illustrated by many reports, including those published by the FSC.
As...