Tag: Rob Everett
Commission Ban Not Part of the Plan, FMA Clarifies
The FMA’s Chief Executive, Rob Everett, has clarified the regulator’s stance on adviser commissions, during the Economic Development, Science and Innovation Committee's annual review of the...
Regulators Life Insurance Report “Shows the Life Insurance Sector in a Poor Light”
The Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA) have published their Life Insurer Conduct and Culture Report.
The joint review...
Regulators Call For Banks to Remove All Sales Incentives
The Financial Markets Authority and Reserve Bank of New Zealand have told eleven New Zealand banks to remove all incentives linked to sales measures,...
Customer-Centric Conduct Must be ‘Permanently Embedded’ – FMA
The Financial Markets Authority (FMA) Chief Executive, Rob Everett, says the regulator is determined to “play its part” to make sure customer-centric conduct is...
FMA Report on Insurer Conduct and Culture Review Due December
The Financial Markets Authority has stated in its October update that it will report on its Insurer Conduct and Culture Review in December.
It also...
“You Can’t ‘Will’ Good Conduct” – FMA Chief
Financial Markets Authority (FMA) Chief Executive, Rob Everett, gave a cautionary address on the deterioration of trust and repercussions of poor conduct at the...
FSC Set to Release Code of Conduct For Members
The Financial Service Council (FSC) will launch its long-awaited Code of Conduct this week, following nearly two years in development.
The new Code for the...
FMA to Prioritise Quality Advice Access
The Financial Markets Authority (FMA) has outlined its priorities for 2018/19, following the release of its Annual Corporate Plan.
The Plan identified eight strategic priorities and...
FMA Grows Impatient With ‘Patchy’ Approach to Customer Outcomes in Financial Services
The Financial Markets Authority (FMA) has described the extent of the understanding around customer outcomes, as to what is required and how to achieve...