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Cheap policies capture younger clients: HFANZ

More young New Zealanders are taking out health insurance policies, new Health Funds Association figures show.

Tuesday, July 28th, 6:00AM

The number of lives covered by health insurance rose 1800 in the June quarter, to 1.334 million, or 29% of the population.

The number of people aged 25-35 with cover increased by 3300.

Acting Health Funds Association chief executive Chris pnetecost said that was possibly partly due to the popularity of new, low-cost health insurance products.

The ageing population resulted in an increase in lives covered in the over-65 age group,  up around 3600 to just over 150,000 New Zealanders at the end of June...MORE»

Robo-advice – The regulator’s choice?

Monday, July 27th, 11:59AM

One commentator I read, who happens to be a big fan of robo-advice, talked excitedly about how it solves all those messy compliance problems caused by forgetful – or conflicted – humans.

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FSC launches commission investigation

Friday, July 24th, 6:00AM

A “mini-Trowbridge Report” has been commissioned by the Financial Services Council, to investigate sales incentives in New Zealand’s personal insurance industry.

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Advisers doing no-commission deals

Thursday, July 23rd, 6:00AM

Roughly 3% of risk advisers in New Zealand are operating on a no-commission basis, it has been claimed.

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[Opinion] Risk commission future not all gloom and doom

Monday, July 20th, 6:37AM

Veteran insurance adviser David Pine says the sky won't fall in if life insurance companies are forced to cut commissions like their counterparts in Australia. 

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Churn debate: Reduce conflicts

Friday, July 17th, 11:03AM

One insurance company that is part of the FMA’s investigation into churn will tell a very different story all its competitors.

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Trail commission rules blamed for churn

Wednesday, July 15th, 6:00AM

Churn rates could be reduced if trail commissions followed a client when they switched risk adviser, it has been suggested.

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Why Dealer Group QFEs isn't a far-fetched idea

Sunday, July 5th, 3:19PM

The reaction to the idea that dealer groups should or could become QFEs has certainly created some friction. Don't write the idea off...here's why.

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