Phil: What to make of the Kiwibank deal
Rumours had been circulating for a while that Gareth Morgan’s KiwiSaver business was on the market.
Russell: Selling through employers
I always thought selling insurance to people through their employers was the flimsiest of propositions – why would anyone talk to you about insurance in the work café, with their mates hanging around for the ‘convenience’ of paying for the same thing they can buy in the plush, private, offices of the bank for the same price?
But in many markets, the UK, the US, to name just two, employer-facilitated (voluntary group) insurance is a big market.
Goldie: FATCAT. Opps I mean FATCA
I’m sure someone with a sense of humour thought up this acronym.
Now some of you may be asking what an earth is FATCA? It is the: “Foreign Account Tax Compliance Act” to be imposed by the United States of America in 2013.
Phil: Greens KiwiSaver policy nice idea but…
The Green Party released its KiwiSaver policy yesterday which has all the hallmarks of a nice idea but probably not that realistic.
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A restructuring process has seen the chief executive of which adviser group depart?
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It really is confusing nowadays when trying to keep up with who is wiht who, and who is buying who - and how long after each takeover or sell out is it beofre the goal posts or benefits have been altered from a winning formula.