| Log In Subscribe for $0.99/week
AIA's parent reports bumper profit
Insurance

AIA's parent reports bumper profit

AIA’s Hong Kong-based parent company has reported a strong result for the 12 months to  with net after-tax operating profit up 12% to US$2.16 billion.

Thu, Feb 28th 2013 02:40PM
Life insurance tax changes taxing industry

Life insurance tax changes taxing industry

3 min read
Partners Life launches new products

Partners Life launches new products

2 min read
Cancellations, policy lapses cost insurance firms

Cancellations, policy lapses cost insurance firms

2 min read
Sovereign website awaits sign-off

Sovereign website awaits sign-off

2 min read
ASB identifies potential in insurance sales

ASB identifies potential in insurance sales

1 min read
Surprises await in application fine print

Surprises await in application fine print

2 min read
Asteron to offer Best Doctors

Asteron to offer Best Doctors

2 min read
Southern Cross picks insurance rebound

Southern Cross picks insurance rebound

2 min read
Win for Partners Life

Win for Partners Life

1 min read
Premium hike fears dismissed

Premium hike fears dismissed

2 min read
Anderson a leader in insurance space

Anderson a leader in insurance space

3 min read
Integration creates insurance-specific CRM

Integration creates insurance-specific CRM

2 min read
Six in a row for Sovereign

Six in a row for Sovereign

1 min read
TOWER Life sale rumours increase

TOWER Life sale rumours increase

1 min read
Insurance advisers warned against cancellation cash grabs

Insurance advisers warned against cancellation cash grabs

2 min read
NEWS BITES
What's Hot
Morningstar finalists this year
Thu, Feb 5th 2026 08:45AM
01
Castlepoint funds take unexpected hit
Thu, Dec 4th 2025 08:31AM
02
The wedge edge for businesses and trusts
Sun, Oct 5th 2025 09:32PM
03
10 years; $10 billion
Sun, Oct 5th 2025 05:14PM
04
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?
4 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