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nib getting back to normal
Insurance

nib getting back to normal

Despite the ongoing health restrictions across New Zealand, nib has kicked off its nationwide in-person Highway to Health roadshow, with Hamilton and Tauranga the first locations on the map.

Sat, Feb 12th 2022 11:11AM
Insurers react to proposed NZ Income Insurance scheme

Insurers react to proposed NZ Income Insurance scheme

3 min read
Partners Life reverts to original criteria for Premium Holidays and Policy Suspensions

Partners Life reverts to original criteria for Premium Holidays and Policy Suspensions

2 min read
Cigna New Zealand offers up to $30,000 free critical illness

Cigna New Zealand offers up to $30,000 free critical illness

1 min read
Southern Cross celebrates NZ's workforce heroes

Southern Cross celebrates NZ's workforce heroes

2 min read
Cigna extends adviser-only campaign

Cigna extends adviser-only campaign

2 min read
AIA grants - making a difference with advisers

AIA grants - making a difference with advisers

2 min read
Cold call changes insured's life

Cold call changes insured's life

4 min read
Partners Life defends premium increases

Partners Life defends premium increases

3 min read
Cigna helps advisers meet regulation requirements

Cigna helps advisers meet regulation requirements

2 min read
Partners Life set to increase premiums

Partners Life set to increase premiums

2 min read
Cigna to rebrand as Chubb

Cigna to rebrand as Chubb

2 min read
Premiums refunded after funeral cover exceeds sum insured

Premiums refunded after funeral cover exceeds sum insured

2 min read
Southern Cross offers free wellbeing services

Southern Cross offers free wellbeing services

2 min read
Fidelity Life drops the jargon, boosts adviser support

Fidelity Life drops the jargon, boosts adviser support

3 min read
Asteron adds specific injury cover to legacy products

Asteron adds specific injury cover to legacy products

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