Kepa group chief executive Jeff Page says the Financial Markets Authority should step in and set some rules around churn.

The Australian government has accepted a new, hybrid remuneration model for life insurance advisers where upfront commission is set at 60%.

New Zealand hasn’t had the same problems with income protection claims as in Australia, but there is more companies can do to avoid potential problems, particularly around mental health claims.

Stephen Rogers says he sought a DIMS licence as he didn’t want to be seen as a “second-class” adviser.

Reinsurer MunichRe says the current income protection market is unsustainable and it decided to throw away the old actuarial tables used and replace them with something new.

Conservative KiwiSaver funds are being tipped to barely outperform cash over the next seven years.

A Ross Asset Management investor has been ordered to pay liquidators $454,000.

AIA New Zealand has announced 21% growth in underlying profit, an improvement to $9.8 million for the 12 months to November 30, 2014, from $8.1 million in the prior year.