Speculation Over Sale of Westpac Life
A number of top insurers are playing down industry speculation they may have put in a bid to acquire Westpac's life insurance businesses.
The Australian bank is seeking to sell its Australian and New Zealand...
Automating Advice Process Leads to Productivity Improvements
Australia-based firm Count Financial says technology-driven infrastructure, primarily through simplified and automated advice templates, has led to productivity improvements and efficiency gains for its national adviser network.
In an investor presentation the CountPlus-owned licensee noted...
Poll
What’s Your Position on PI Cover?
With professional indemnity cover being optional for financial advisers we thought we'd gauge the lay of the land in this week's poll.
In December 2020 RiskinfoNZ reported that the FMA had decided not to make...
FMA Sends Reminder to Social Media ‘Finfluencers’
The FMA is concerned some social media influencers and bloggers are straying into offering regulated financial advice in their comments and posts.
To counter this the regulator has released a guide to remind what it...
Partners Life Helps Students Learn the Value of Insurance
Partners Life is helping school students understand the value of money by lending its technical expertise to help create a life and health insurance education module for financial education firm Banqer.
In addition to technical...
The Adviser Platform Offers PI Cover
The Adviser Platform (TAP) is offering professional indemnity (PI) cover underwritten by international insurance firm QBE.
TAP's Managing Director Ryan Edwards says that thanks to its scale and buying power, his firm is able to...
Why Compliance is Not a ‘Black & White’ Issue
A new publication from Strategi Compliance aims to show financial advisers that working under the new regulatory regime is more flexible than many may believe, while also revealing the firm's checklist for reviewing compliance...
Privacy Breach Notifications Double
The number of privacy breach notifications seen by the Privacy Commissioner nearly doubled in the six months to May.
The commissioner saw a 97% increase in privacy breach notifications since the new Privacy Act came...
Persecution of Financial Advisers in Australia ‘Must Stop’ – AFA
Following “unfair criticism” levelled at financial advisers in the Australian Senate last week, the AFA is calling for an end to the persecution of the financial advice sector.
AFA Acting CEO, Phil Anderson says in...