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Two big questions in conduct law causing advisers concern, and its unintended consequences

The Financial Markets (Conduct of Institutions) amendment Bill raises a big question about the future of commission.

Monday, March 30th, 10:35AM

The draft allows that the FMA will have the power to regulate incentives, and defines incentives clearly including the definition of commission (in section 446P). The effect is that the FMA will have the power to ban all commissions if it wishes.

While MBIE assured Katrina Shanks at Financial Advice New Zealand that the commission model was not under threat, only incentives tied...MORE»

Partners life changes may not be big enough

Tuesday, March 3rd, 4:16PM

Partners Life’s changes to IP will not be the end of the matter if reinsurer expectations of the market are correct – and further changes are probably inevitable.


The struggle to be better at telling the story of insurance

Monday, February 10th, 8:00AM

I’m not really a writer, I’m a consultant that loves data and enjoys understanding the buying process so I can, hopefully, advise others on the marketing issues it exposes.



Previous News

It's time we got out and told the good story about insurance

Monday, February 3rd, 11:43AM

Russell Hutchinson takes umbrage with the media bashing insurance; and says it's up to advisers to get out and tell the story.


5 trends to include in your advice service planning

Tuesday, January 21st, 6:54AM

The beginning of a new year is a good time to review processes. Russell Hutchinson gives us five trends to focus on for 2020 and beyond.


Imagine being forced to give bad advice

Thursday, November 28th, 12:25PM

It is not quite that bad, but this story – or cautionary tale – shows how a very restrictive approved product list affects advisers.


As Fred Dagg said: We don’t know how lucky we are

Monday, November 4th, 10:17AM

If you think the new Code of Conduct for financial advisers in New Zealand is bad, go and have a read of the Australian version.


What to do, what to do …

Tuesday, October 8th, 9:40AM

Although compliance with the Financial Advice Code should be a given there are some missing pieces from the puzzle of compliance under the new regime.



Insurance Briefs

Life and health insurance through the eyes of a pandemic
Partners Life’s Naomi Ballantyne calls on her 38 years in the industry to discuss potential trends for the industry through lockdown and what we might see moving beyond.

MDRT plans virtual annual meeting
The MDRT's annual meeting, which attracts more than 10,000 delegates from around the world, will be a virtual event this year.

ANZIIF cancels insurance awards
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has made the decision to cancel the 2020 Australian and New Zealand Insurance Industry Awards.

Partners Life supports rainbow community
Partners Life is again supporting the Rainbow Excellence Awards.

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