“It’s not something I really want to discuss,” Sovereign chief executive Symon Brewis-Weston says.
“I really don’t think there’s much I can add,” he told Good Returns.
When asked about discussing the issue of churn in the market he said: “I’m not really interested in talking about it.”
He said Sovereign will comply with the FMA's request and is focussed on getting the material together.
CHURN DEBATE ARTICLES
John Body, OnePath Don't make it a war on commissions
Milton Jennings, Fidelity Life Don't follow Australia
Therese Singleton, AMP, AMP surprised
FMA starts major investigation into churn (includes comments from Partners Life managing director Naomi Ballantyne and AIA's Wayne Besant).
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