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Resigned FSC members rejoin

But some insurers yet to pay the invoices sent to them for the next year's membership.

Wednesday, August 31st, 6:00AM

Two high-profile resignations from the Financial Services Council have since paid their subscriptions to renew their membership.

The FSC has been in a transition period since its chief executive, Peter Neilson, resigned in February.

It came after a FSC-commissioned report by Melville Jessup Weaver that was critical of the insurance adviser distribution channel. Several of the group’s insurer members quit in protest...MORE»

Reserve Bank tells insurers data not good enough

Thursday, August 25th, 6:00AM

Insurers have been given a warning that they need to start offering the Reserve Bank better data – or face sanctions.


nib doubles profit after OnePath acquisition

Monday, August 22nd, 11:32AM

[UPDATED] nib's New Zealand chief executive says its strong investment in marketing and promotion of all distribution channels should help advisers.



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Income drop sign of move to slow, steady growth for Partners

Friday, August 12th, 11:50AM

Partners Life says its focus is on slow, steady, continuous growth – something that is reflected in its latest financial statements.


Commission files charges against Youi insurance

Thursday, August 11th, 10:19AM

The Commerce Commission has filed charges in the Auckland District Court against insurance firm Youi NZ Pty Limited, alleging it employed misleading sales techniques when attempting to sell policies to consumers who were only seeking a quote.


FMA launches next stage of churn probe

Thursday, August 11th, 6:01AM

Financial Markets Authority staff have begun contacting advisers who have been identified as having high rates of insurance replacement business on their books.


Asteron keeps focus on sustainability

Thursday, August 11th, 6:00AM

Asteron Life says it has the best insurance retention rates in New Zealand due to its focus on sustainability.


Insurance site set for launch

Wednesday, August 10th, 6:00AM

A new website designed to boost public awareness and understanding of personal insurance is on the verge of a public launch.



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    “If you want an exposition of how sales might have been differentiated from advice, look no further than the SIFA submission...”
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  • Associations swerve Money Week
    “Call me a cynic, but "Financial Planning NZ is operating a retirement planning seminar for Chinese migrants, Craigs Investment...”
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  • Client interests: first, best or last?
    “Sadly I agree with Graeme Tee's sentiment. The financial services industry must start working together to change the perceptions...”
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  • Resigned FSC members rejoin
    “OK – so to repeat: Industry body commissions report on industry Members don’t like report and resign in protest Industry...”
    9 hours ago by Pragmatic
  • Client interests: first, best or last?
    “The IFA are continually telling consumers and advisers alike that their members are true professionals and should be viewed...”
    1 day ago by Graeme Tee
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