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Churn debate: Sovereign has nothing to add

In the latest in our series of interviews with life insurance industry leaders on the vexed of churn and the FMA's investigation, we speak, briefly, to Sovereign CEO Symon Brewis-Weston. Here's what he had to say.

Saturday, June 27th 2015, 9:16AM

“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).

Tags: Sovereign Symon Brewis-Weston

« Income Protection unsustainable and rule book rewrittenMixed reviews from advisers on FMA regulation »

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