Hello

This week we witnessed the return of an old name to the insurance market with AIG Life rebranding itself AIA and launching a new website to boot.

We have also included a link to a story on an IFA disciplinary case where the adviser was cleared of charges, but couldn't claim costs. It's an interesting read which has attracted some comment.

Also this week the new boss at Sovereign was named and we have an update on Naomi Ballantyne joining the Accuro board.

Details are in the Good Returns People section.

Insurance News

Adviser pays to clear charges
An Institute of Financial Advisers (IFA) Disciplinary Committee has ruled against awarding costs to an adviser found not to be in breach of the Code of Ethics. More

Cross-party consensus that regulation won't stifle risk
Commerce Minister Simon Power and his Labour Party opposite Lianne Dalziel reaffirmed their commitment to ensuring pending regulation will not stifle risks inherent in attracting capital to the New Zealand economy. More

Opinion: Russell Hutchinson

Can you shortlist? Can you choose?
After 'how many angels can dance on the head of a pin?', one of the stranger questions I hear is 'will we be allowed to not recommend a product when regulation comes in?' More