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Asteron Life

Fraud bureau not right strategy for personal risk market
Insurance

Fraud bureau not right strategy for personal risk market

New Zealand’s general insurers have launched a new initiative to tackle insurance fraud but there’s likely to be limited appetite for a personal risk version.

Tue, Sep 3rd 2019 07:37PM

AIA says Vitality is flying as another insurer tries to shoot it down

AIA says Vitality is flying as another insurer tries to shoot it down

3 min read
Partners: Nominated beneficiaries too much of a grey area

Partners: Nominated beneficiaries too much of a grey area

3 min read
Working out the value of your business

Working out the value of your business

2 min read
nib NZ has risk and culture review on the radar

nib NZ has risk and culture review on the radar

3 min read
It's mostly up for health insurer nib

It's mostly up for health insurer nib

4 min read
nib aims to make advisers' lives easier with online tool

nib aims to make advisers' lives easier with online tool

2 min read
Asteron Life links up with health insurance companies

Asteron Life links up with health insurance companies

2 min read
Asteron reports lift in profit

Asteron reports lift in profit

2 min read
Dealer groups face future without overrides

Dealer groups face future without overrides

4 min read
Health Funds shrugs off conduct scrutiny as insured numbers grow

Health Funds shrugs off conduct scrutiny as insured numbers grow

2 min read
Fidelity on hunt for new underwriter

Fidelity on hunt for new underwriter

1 min read
Fidelity Life updates pricing

Fidelity Life updates pricing

2 min read
Mixed bag in Partners results: Profit down, market share up

Mixed bag in Partners results: Profit down, market share up

3 min read
AIA and Sovereign products merged into one

AIA and Sovereign products merged into one

4 min read
Coon brothers insurance start-up gets big funding boost

Coon brothers insurance start-up gets big funding boost

2 min read

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10 years; $10 billion
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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?
3 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.
4 days 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.
5 days 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
GoodReturns
Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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