Claims last week that professional credentials like the CFP marks might somehow become available to - or be copied by - other groups need to be squashed, according to IFA President Simon Hassan.

Fidelity Life has purchased FMG’s life subsidiary, Farmers’ Mutual Life Limited.

South Canterbury Finance has increased assets to more than $1.5 billion after a strong first half to December 31, recording a 39% increase in net profit before tax compared to the same period last year.

Fighting between two of the biggest associations representing advisers is doing nothing for the credibility of the profession, Integrate Financial Services managing director Jamie Coltman says.

Hikes in life insurance premiums – or lower profits for insurance companies – are one likely outcome of government proposals to change how life policies are taxed.

Tauranga/Hamilton

Green Party Media Release

DorchesterLife says it has seen a 55% increase in its share of the reverse annuity mortgage market and an increase of over 100% in the average drawdown amount.

Auckland