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Last Article Uploaded: Tuesday, November 25th, 10:31PM
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Website encourages churn

The man behind the merger of Guardian Trust and Perpetual Trust is causing waves in Australia with a site that pays commissions to customers rather than advisers, and essentially encourages churn.

Monday, November 17th, 6:00AM

Australasian Wealth Investments (AWI), which is headed by Andrew Barnes, has established a website, YourShare.com.au, that promises to give Australian consumers their share of $3 billion paid in commissions to advisers every year.

Barnes most recently came to prominence in New Zealand after buying Perpetual Trust for $12.3 million from George Kerr’s company Pyne Gould. Before that he established Australian Wealth Management, a spin off from TOWER Australia...MORE»

OnePath tweaks products

Friday, November 14th, 6:00AM

OnePath Life has introduced two new income protection covers and a new redundancy cover to meet adviser and consumer demand.

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Cut insurance costs with KiwiSaver

Thursday, November 13th, 6:00AM

New Zealanders could slash their life insurance premiums by up to 75% if they were able to access cover via their KiwiSaver accounts, the chief executive of a transtasman advice firm says.

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Asteron takes out gong, again

Monday, November 10th, 10:59AM

Asteron Life has been named life insurance company of the year, for the second consecutive year, by the Australian and New Zealand Institute of Insurance and Finance.

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200% commissions raise eyebrows

Wednesday, November 5th, 6:00AM

If 200% upfront commissions are still producing healthy profits for life companies, it’s questionable whether they’ll come down, one industry expert says.

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Decline in health insurance rates stabilising

Monday, November 3rd, 1:41PM

Falling rates of health insurance in New Zealand appear to be stabilising, the latest Health Funds Association figures show.

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Your Guide to the FAA Review

Friday, October 24th, 9:32AM

Russell Hutchinson's guide on how to have a real input into the Financial Advisers Act Review.

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Fidelity posts record result

Monday, October 13th, 6:00AM

Fidelity Life’s record profit result shows its acquisition of TOWER’s life insurance business has been a success, its chief executive says.

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Strategy Thoughts

Tip from the top

Fidelity Income Protection
Changes to the wording make it easier to issue policies, but advisers should be careful about proof of income.

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