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Fidelity Life

'Not all advisers churning'
Insurance

'Not all advisers churning'

New Zealand’s financial advice sector has welcomed the Financial Markets Authority’s long-awaited report into life insurance churn – but said its findings shouldn’t be taken as representative of the industry as a whole.

Susan Edmunds
Fri, Mar 23rd 2018 06:00AM

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FMA: We're putting life advisers on notice

FMA: We're putting life advisers on notice

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Insurers: Disclosure rules should help clients

Insurers: Disclosure rules should help clients

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Fidelity Life powers up income protection

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Broker pleads guilty

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Shake-up coming for RFA insurance advisers

Shake-up coming for RFA insurance advisers

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ANZ puts OnePath on the block

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Adviser's in-laws lose IFSO complaint

Adviser's in-laws lose IFSO complaint

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Law review terms released

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Platforms' commission question

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Employment growth gets credit for insurance increase

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Lack of prospectus costs adviser insurance claim

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Advisers get automation boost

Advisers get automation boost

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Insurance bosses poorly prepared for change: Naylor

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Insurers: Robo won't replace advisers

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Southern Cross launches gender-inclusive application

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Latest Comments

Fidelity Life offers premium relief to customers affected by flooding
Stay in touch with your Clients and Prospective Clients, not by email, not by text Pick up the phone and meet them for a coffee, or a wine…
1 month ago AlBean

Fidelity Life offers premium relief to customers affected by flooding
Longitude68 is right that AI is reshaping wealth advice fast - it's already widespread offshore, even if not yet here, and our industry will need to catch up quickly to deliver more deliberate, efficient client solutions. That said, most clients I encounter - largely Silent Generation and Boomers - will keep paying a relationship premium, within reason, to continue with a trusted advisor. Technology's real impact will be displacing advisers built around a single product or philosophy, which will be exposed as the commodities they are.
1 month ago Pragmatic

Can the NZ economy grow while house prices stagnate?
Between Silk & Conway they currently receive from the NZ taxpayer a salary package in excess of $1M annually. Given they and former Reserve Bank Governor Adrian Orr were collectively responsible for the decisions which saw NZ house prices spiral out of control it's baffles belief now that they still have jobs.
1 month ago Amused

Fidelity Life offers premium relief to customers affected by flooding
you will never give or receive a warm handshake from AI when you are seeing a client for a terminal illness claim, and you both know you will never see each other again. AI can not look a widow in the eye and tell her it will take care of things, and it will be OK.
1 month ago Aggressively_passive

Fidelity Life offers premium relief to customers affected by flooding
A high level of my appointments are now being made with an AI agent. “Sarah” responds to inquiries by phone, converses with prospective clients then books them into my calendar. Yesterday a prospect asked Sarah whether she was an AI robot. Sarah responded with a yes and continued to tell him a joke, which he had requested. That interaction was enough for this engineer to proceed with a booked appointment with me. Only time before this old dog is replaced I guess.
1 month ago John Milner
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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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