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Asteron Life

NZ market not big enough for Shariah insurance
Insurance

NZ market not big enough for Shariah insurance

Insurers may be unlikely to pay out many claims for the Christchurch mosque attacks – but not because of any exclusion written into their policies.

Fri, Mar 29th 2019 07:00AM

Fidelity Life launches adviser support programme

Fidelity Life launches adviser support programme

1 min read
The Big Read: FMA goes after adviser for alleged non-disclosure

The Big Read: FMA goes after adviser for alleged non-disclosure

7 min read
Advisers need $2000, clients will pay $500

Advisers need $2000, clients will pay $500

2 min read
nib offers genetic testing

nib offers genetic testing

2 min read
Partners pulls ads after mosque tragedy

Partners pulls ads after mosque tragedy

2 min read
Life companies offer support to Christchurch

Life companies offer support to Christchurch

3 min read
Fidelity Life, nib end relationship

Fidelity Life, nib end relationship

2 min read
Insurers receive individual conduct reports

Insurers receive individual conduct reports

2 min read
nib expands into international visitor market

nib expands into international visitor market

2 min read
Clients offered chance to sell part of whole-of-life policies

Clients offered chance to sell part of whole-of-life policies

2 min read
AIA begins rebranding of its business

AIA begins rebranding of its business

2 min read
Partners tool to automate advice process

Partners tool to automate advice process

2 min read
Customers spooked by insurance report

Customers spooked by insurance report

2 min read
FMA says it's not lobbying for ban on life insurance commissions

FMA says it's not lobbying for ban on life insurance commissions

2 min read
Aussie new insurance business falls after commission capped

Aussie new insurance business falls after commission capped

3 min read

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NEWS BITES
What's Hot

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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
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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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