FMA warns insurers over incentives
The Financial Markets Authority is warning insurers about short-duration campaigns and other incentives.
In a paper, Insurers benefits and campaign insights, it reheats the soft commissions issue, but this time with a Conduct of Financial Institutions (CoFI) lens on it.
The regulator warns non-monetary benefits and short-duration sales campaigns may result in poor customer outcomes.
It defines “non-monetary” benefits as gifts, prizes, trips, tickets to sporting events and...MORE»
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TAP launches AI agents to automate adviser workflowsWednesday, June 10th, 9:10AM
The Adviser Platform (TAP) has launched two AI-powered tools designed to automate administrative tasks for advisers, with plans to expand the technology across a wider range of advice workflows. MORE» |
Fidelity exec to become Apex CEOFriday, June 5th, 4:36PM
Fidelity Life has reshaped its leadership team following the departure of an executive. MORE» |
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