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Companies called to lend a hand
Insurance

Companies called to lend a hand

Insurance companies are being called on to front up and assist advisers who may have difficulties in complying with GST on insurance commission.

Mon, Mar 2nd 2009 06:39AM
AIG looking to sell all of AIA in Asia Pacific

AIG looking to sell all of AIA in Asia Pacific

2 min read
Life insurance sales strong

Life insurance sales strong

2 min read
IRD sets tight schedule for GST registration

IRD sets tight schedule for GST registration

2 min read
AXA's rating improves

AXA's rating improves

1 min read
Health cover up as markets go down

Health cover up as markets go down

2 min read
Sovereign scores Best mark

Sovereign scores Best mark

1 min read
Tax bill delayed

Tax bill delayed

1 min read
AIG Life changes commission structure

AIG Life changes commission structure

2 min read
Insurance tax bill may be delayed

Insurance tax bill may be delayed

1 min read
IRD planning crackdown on insurance advisers

IRD planning crackdown on insurance advisers

1 min read
Tower tweaks trauma conditions and benefits

Tower tweaks trauma conditions and benefits

2 min read
Pinnancle pushes into adviser market

Pinnancle pushes into adviser market

2 min read
AIG releases product enhancements

AIG releases product enhancements

1 min read
Maloney to head Stone after Asteron buys Service 1st

Maloney to head Stone after Asteron buys Service 1st

2 min read
Sovereign pushes further into business insurance market

Sovereign pushes further into business insurance market

2 min read
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Latest Comments
Surge in complaints against advisers
Susan Taylor is not THE financial ombudsman. We have an appointed Banking Ombudsman who is Nicola Sladden but there is no financial ombudsman per se. Susan Taylor is the CEO of Financial Services Complaints Limited (FSCL) a dispute resolution scheme which after a protracted court battle has now been allowed to use the term ombudsman in its name. FSCL’s website is now stating that they are “a financial ombudsman service” Susan Taylor in addition to being their CEO is also calling herself Financial Ombudsman. Just felt it was important to highlight the above when this article is all about people making instant judgements about others.
1 month ago Simon Rule
Business funding landscape change
As reported yesterday Kiwibank is owed just over $1.8 million now after the collapse of the Solar Group, while the Inland Revenue is owed around $933,675. The people in charge at Kiwibank think they don't need to run it like a real bank because of its taxpayer backing. Their attitude has always been they can just go back to the Government (taxpayer) for more money if needed. A lot of their lending decisions are based around this.
1 month ago Simon Rule
Trust Management starts push into financial advice market
Exciting to see Trust Investments stepping into the financial adviser space with such clarity of purpose and vision. After years of delivering thoughtful, values-driven outcomes for institutional and for-purpose clients, their expansion brings a welcome addition to adviser portfolios - with their Global Bond Fund providing a relevant alternative to some of the traditional approaches.
1 month ago Clayton Coplestone
Salt's Long Short Funds delivers the manager a big payday
I mean seriously, it's not really a benchmark that is a true test of skill is it?. It's set at such a level that a passive exposure would pay performance fees. From Salts own fact sheet, since inception the benchmark has returned 7.45% and also from Salts own fact sheet a passive NZX/ASX exposure return of 8.66% per annum. Congrats, you've underperformed your own passive comparison by 1.2% per annum before fees! It gets real spicy if you take a passive, hedged exposure to SPX. Now your benchmark is underperforming a passive exposure by 7% per annum. Don't really see the point of the the fund, not even volatility reduction as it looks like the fund participated fully in the drawdown during Trump 1 and COVID.
1 month ago Barry Peters
Big, fat beautiful fees
FYI - It is NOT the bank's data. If I as a banking customer agree that the fintech may have access the banks can't stop or charge for that data. If they do I can charge the bank for using my data. What ius good one way should be good the other as well.
1 month ago Martin Frauenstein