Insurance
What the FMA will do next
Wednesday 29th of June 2016
It has today released its report into replacement business in the life insurance industry.
Looking at data from the country’s main insurers, it identified that 200 of the 1100 advisers with more than 100 active life policies on their books met the FMA’s criteria for a high estimated rate of replacement business.
That criteria was that at least 12% of an adviser’s policies lapsed a...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.