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Support for simple products
Insurance

Support for simple products

Insurers say there has been strong demand for products that require no underwriting.

Susan Edmunds
Mon, Jul 11th 2016 06:00AM
Associations: Act on dodgy advice

Associations: Act on dodgy advice

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Accuro commemorates 45th birthday by strengthening ties with the public health system

Accuro commemorates 45th birthday by strengthening ties with the public health system

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What the FMA will do next

What the FMA will do next

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Minister says no commission ban

Minister says no commission ban

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FMA says commission drives churn

FMA says commission drives churn

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Why financial advice matters

Why financial advice matters

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FSC welcomes FMA report on life insurance sales practices

FSC welcomes FMA report on life insurance sales practices

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Pinnacle gets into income protection

Pinnacle gets into income protection

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Insurer reactions 'too slow'

Insurer reactions 'too slow'

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'No commission' structure doesn't translate

'No commission' structure doesn't translate

2 min read
[Comment] Advice matters

[Comment] Advice matters

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Accuro ventures deeper into SME market

Accuro ventures deeper into SME market

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Regulation fears for advice businesses' value

Regulation fears for advice businesses' value

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Kepa to bump up adviser fees

Kepa to bump up adviser fees

2 min read
FSC launches income protection information

FSC launches income protection information

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.
2 months 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.
2 months 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.
2 months 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.
2 months 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.
2 months ago Martin Frauenstein