Tag: Reserve Bank
News in Brief
FSC Advice Summit Update
The organisers behind the upcoming ‘Get In Shape’ Advice Summits to be held in February 2020 have commented on the launch...
FMA Reinforces Message to Insurers to ‘Rebuild Public Trust’
The Financial Markets Authority has stated it is now up to insurers and banks to rebuild public trust, as it releases its 2019 Annual...
Reserve Bank Warns Insurance Sector Must Evolve
The Reserve Bank has called for increased effort from the industry in building public confidence in the insurance sector, warning it must evolve in...
Government Announces Conduct Licensing Regime for Insurers and Banks
The Government has announced a new regime to regulate financial conduct, which it says will make banks and insurers treat their customers fairly.
Commerce and...
Consumers Deserve Better From Life Insurers – Faafoi
The Government has warned that consumers deserve better from life insurers.
This follows the Reserve Bank of New Zealand and Financial Markets Authority voicing their...
Life Insurers Report Back to FMA on Review Findings
Life insurers have submitted their responses to the Financial Markets Authority and Reserve Bank as their 30 June deadline is now over, following the...
News in Brief
Financial Advice NZ Reveals 10 Business Partners
Financial Advice New Zealand has announced the names of its ten new Business Partners for its partnership programme...
Government Considers Capping Commissions
The Government is considering the possibility of capping upfront and/or trail commissions for intermediaries of insurers and banks and banning products that lead to...
Insurtechs Aim to Solve Industry Challenges
Insurtech companies are looking to improve customer experience, according to a report commissioned by InsurtechNZ, a working group created by FintechNZ, and are focused...