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Fidelity admits it’s dropped the ball
Insurance

Fidelity admits it’s dropped the ball

Fidelity Life has admitted it’s dropped the ball with advisers but has vowed to “get back in the game.”

Thu, Sep 28th 2023 07:10AM
[GRTV] Highly aspirational – an adviser’s take on the Million Dollar Round Table

[GRTV] Highly aspirational – an adviser’s take on the Million Dollar Round Table

2 min read
Southern Cross to review communications after debacle over withdrawn benefit

Southern Cross to review communications after debacle over withdrawn benefit

4 min read
Adviser feedback sees Fidelity Life unbox the goodies

Adviser feedback sees Fidelity Life unbox the goodies

4 min read
Fidelity Life announces 2023 adviser award winners

Fidelity Life announces 2023 adviser award winners

3 min read
Asteron Life putting mental health at the forefront

Asteron Life putting mental health at the forefront

2 min read
Cost of living crunch an opportunity for advisers

Cost of living crunch an opportunity for advisers

3 min read
AIA NZ launches new online adviser onboarding application

AIA NZ launches new online adviser onboarding application

2 min read
FMA aware of but won't comment on Southern Cross benefit removal

FMA aware of but won't comment on Southern Cross benefit removal

2 min read
Industry researchers also in the dark on Southern Cross benefit

Industry researchers also in the dark on Southern Cross benefit

4 min read
Other health insurers are much more generous than Southern Cross

Other health insurers are much more generous than Southern Cross

3 min read
Southern Cross says it told advisers, policyholders of withdrawn benefit

Southern Cross says it told advisers, policyholders of withdrawn benefit

3 min read
Southern Cross drops $60k benefit by stealth: agents

Southern Cross drops $60k benefit by stealth: agents

3 min read
nib NZ expects its insurance to be resilient in the face of rising cost of living

nib NZ expects its insurance to be resilient in the face of rising cost of living

3 min read
nib NZ cites rising rates and costs as challenges after lifting profits 36.8%

nib NZ cites rising rates and costs as challenges after lifting profits 36.8%

2 min read
Advisers boost Asteron's results

Advisers boost Asteron's results

3 min read
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Latest Comments
[OPINION] Tax Efficiency vs. Real Returns: Are you being penny wise and pound foolish?
On a slightly different matter. A friend of mine owned a business and made enough to afford to purchase a property (office cum warehouse) for his business. I asked why don't he buy instead of rent? He said his accountant told him to rent, don't buy, to reduce his tax. He heeded his accountant's advice. 30 years later, he retired, his cash savings was nowhere near the value of the property he didn't buy. Had he purchased the property, at least he has two options - rent out the property for his retirement income or sell it and realise the capital gain (no tax) which far exceeds the tax savings during his business trading years. Penny wise pound foolish, eh?
6 days ago W K
[OPINION] Tax Efficiency vs. Real Returns: Are you being penny wise and pound foolish?
Great article and points made, Andy. I had to explain recently and demonstrate these very points to a very senior professional trustee. I was instructed by the trustee to "make the portfolio tax efficient." I guess, from a CA point of view, that made sense to her. As luck would have it, the newly appointed CA completing the accounts didn't quite see it that way and agreed with my advice and your article.
1 week ago John Milner
Lessons for life insurers from 1918
Remember that New Zealand did not have bodies overwhelming morgues in the midst of the pandemic so we didn't see a spike in deaths - unlike a lot of other countries. Hence no panic to get cover.
1 week ago Mark Stone
Competing with fintechs the way to go
If an adviser has their own FAP license, why would they risk having their client’s data (basically their whole business) held in an aggregator owned CRM?
1 week ago Valkyrie Vulcan
Should KiwiSaver hardship applications be centralised?
It should be that onerous. It's a retirement scheme. not a fix the car scheme not a bail out your bad choices scheme the temptation for it to become so grows as balances grow. And KiwiSaver reules must resist it. Every year there will be a new record for withdrawals, because there will be more in it to take, and more people looking to use it. That's not a failure, that means it works.
1 week ago Regan Thomas