About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Friday, December 14th, 6:30PM
rss
Latest Headlines

Kepa takes stake in member business

Adviser group Kepa has entered an alliance with Financial Design Group, taking a 20% stake in the business.

Wednesday, April 18th 2018, 10:37AM

The group will inject capital to help managing director Mat Page, son of Kepa's outgoing chief executive Jeff Page, and other directors, build the company's reputation for insurance, mortgage and financial planning advice.

Kepa chairman David Johnstone will join the FDG board. He said it was the second such investment by the group in a Kepa member’s and would allow Page to focus on building relationships with clients and helping them to manage their insurance, mortgage and financial planning needs.

“Kepa succeeds when our members succeed. Through these partnerships we are helping strong and entrepreneurial advisory groups achieve their growth ambitions. The programme is leading to a sharing of financial adviser expertise and increasing collaboration across the Kepa network for the benefit of all our members and clients.”

Kepa invested in Mortgage Lab in October, which is now putting its advisers in the offices of Kepa members around the country that do not have a mortgage advisory practice.

Johnstone said FDGand Mortgage Lab continued to use Kepa’s support services on an arm’s-length basis, allowing them to deploy the solutions that best suited their business.

Page said the investment was an opportunity to learn from Kepa.

“We have benefited from the use of its support services including its customer relationship management, compliance and business development tools, as well as leveraging its national brand.

“Now, thanks to this enhanced level of cooperation and the strategic advice provided by David and his team, we are already making good headway on our strategic objectives. We have added an FDG presence  in Whangarei,  Wellington  and  Christchurch and  we  are  now  targeting  the  recruitment  of  several other advisers through this year.”

Tags: Kepa

« [Opinion] RFAs missing in action[GRTV] The future of insurance commissions »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Fidelity takes top award
Fidelity Life, New Zealand’s largest locally owned and operated life insurer, has been named 2018 Life Insurance Company of the Year for the second year running.

Southern Cross staff get wellness accreditation
Southern Cross Health Society says it has strengthened its workplace wellbeing expertise to help meet growing demand from Kiwi businesses for robust programmes to support the health of their people.

AIA trials mental wellbeing technology
AIA Australia and New Zealand is to trial a corporate health programme provided by mental health technology company Medibio, with its staff.

$50k in sports grants awarded
Former All Black Cory Jane has helped give out some of $50,000 in sports grants awarded to schools to mark the end of the six-week New Zealand’s Healthiest Schools Challenge, supported by AIA and Sovereign.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com