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The essentials for overcoming future catastrophes, and more daily news
Diana Clement wrote a NZ Herald article on the need for being prepared in case of unexpected circumstances. Clement highlights that we need to be mentally prepared for the occurrence of personal or societal catastrophes. Clement continues by noting that... Continue reading
Posted 4 days ago at moneyblog
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Cigna’s Gail Costa reflects on 2020 events and responses, and more daily news
Cigna NZ CEO Gail Costa shared her views on the importance of being prepared for change and adapting to unexpected change. In her opinion piece, Costa mentions how proud she is of the resilience shown by advisers throughout the lockdown... Continue reading
Posted Jan 13, 2021 at moneyblog
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RBNZ addresses data breach, and more daily news
The Reserve Bank has announced that it will continue to respond to the external breach of an information sharing service. Adrian Orr has said that the RBNZ has contained the breach and is now working to understand the impact of... Continue reading
Posted Jan 12, 2021 at moneyblog
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nib views on financial advice, and more daily news
nib has said that members that receive financial advice are better off. In addition, nib CEO Rob Hennin noted that half of nib’s members join via financial advisers. Hennin credited nib’s view by highlighting the findings from an internal study... Continue reading
Posted Jan 11, 2021 at moneyblog
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Implications of mental health on insurance, and more daily news
In his piece Dr. Chris Ball credits information being released by some insurers for the spike in media coverage of mental health issues. Insurer publications imply that mental health issues have reached epidemic levels. The article questions the credibility of... Continue reading
Posted Dec 29, 2020 at moneyblog
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Seasons greetings from Melissa
As the newest member of the Chatswood Consulting team, I look forward to meeting and working alongside you all in the new year. Have a safe and happy holidays Continue reading
Posted Dec 28, 2020 at moneyblog
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Seasons greetings from Fran
I hope you all find time to relax, recharge, and reconnect with friends and family over the holidays. I look forward to assisting with whatever challenges 2021 has to offer. Continue reading
Posted Dec 27, 2020 at moneyblog
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Seasons greetings from Rob
Seasons Greetings, even as we contemplate yet another year of exciting regulatory change and releases. Continue reading
Posted Dec 26, 2020 at moneyblog
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Understanding the finer details of FSLAA, and more daily news
MBIE released more information on FSLAA in mid-December. Penny Sheerin, partner at Chapman Tripp, has said that these changes are finer details but did highlight that there would be changes to the FSP register to ensure the reduction of registry... Continue reading
Posted Dec 25, 2020 at moneyblog
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Seasons greetings from Ed
Season’s greetings! Did you know 3,765,000 kmh is the speed that Santa's sleigh would need to travel at to visit every home in the world on Christmas eve? All of us here at Chatswood look forward to providing you with... Continue reading
Posted Dec 24, 2020 at moneyblog
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Partners Life knowledge assessment, and more daily news
Partners Life has announced the development of a knowledge assessment to meet the competence requirements set by regulators. All advisers with Partners Life agencies will be required to undergo a knowledge assessment. Depending on the results of the initial assessment,... Continue reading
Posted Dec 19, 2020 at moneyblog
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Southern Cross Travel Insurance appoints new CEO, and more daily news
Southern Cross announced that Jo McCauley will take on the role of CEO. McCauley was promoted from her role as Chief Customer Officer. McCauley brings with her years of experience in financial services and strategic leadership. Her previous roles include... Continue reading
Posted Dec 18, 2020 at moneyblog
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Southern Cross Travel Insurance appoints new CFO, and more daily news
Southern Cross announced the appointment of Amanda Yap-Choong as the new Chief Financial Officer. Yap-Choong is a Chartered Accountant and was previously the Commercial Finance Manager at Chapman Tripp. She has also worked at Broadspectrum and PwC. In her new... Continue reading
Posted Dec 16, 2020 at moneyblog
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Partners Life announce MUM Application Pack launch, and more daily news
Partners Life has launched the MUM Application Pack. This pack works to simplify the recordkeeping process. The pack is designed to email advisers Personal Statement of disclosures and an updated quote letter after a MUM application is submitted. The letter... Continue reading
Posted Dec 11, 2020 at moneyblog
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Partners Life Customer Outcome Matrix Scoring Key explained, and more daily news
Posted Dec 6, 2020 at moneyblog
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Findings from FSC study, and more daily news
Posted Dec 4, 2020 at moneyblog
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Southern Cross mental health programme, and more daily news
Southern Cross has reported that there is an increase in demand for a mental health programme targeted at school aged children. The Pause Breathe Smile programme became available for free in September to all New Zealand primary and intermediate schools.... Continue reading
Posted Dec 1, 2020 at moneyblog
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AIA enhance AIA Vitality, and more daily news
AIA has announced the addition of a new benefit to AIA Vitality. Customers will have the chance to earn an Apple Watch when weekly physical targets are reached. This change is intended to motivate customers to increase physical activity. To... Continue reading
Posted Nov 28, 2020 at moneyblog
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Fidelity Life wins top culture award, and more daily news
The Technology team at Fidelity Life was awarded the Best ICT Team Culture award at the 2020 CIO Awards. Dan Wilkinson, Chief Technology Officer, has said that the award is a reflection of the team’s strong culture. Wilkinson noted that... Continue reading
Posted Nov 27, 2020 at moneyblog
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Southern Cross awarded gold for COVID-19 response, and more daily news
Southern Cross has been awarded gold in Reader’s Digest Quality Service Awards in the health and travel insurance categories for the support offered to members during the pandemic. This is the fourth consecutive that Southern Cross has be awarded gold... Continue reading
Posted Nov 24, 2020 at moneyblog
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FMA provides glimpse into full licence, and more daily news
The FMA has provided some insight into the requirements of the full license. It has been revealed that advisers can begin the application process from 15 March 2021. Although the process will be similar to the transitional license, the questions... Continue reading
Posted Nov 21, 2020 at moneyblog
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Partners Life offer guide on customer affordability considerations
Naomi Ballantyne recently discussed concerns that advisers have brought forward in a video that Partners Life have published. Advisers mentioned that their clients were receiving contradicting advice from other advisers. In the video, Naomi discussed the options advisers have when... Continue reading
Posted Nov 13, 2020 at moneyblog
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Cigna announce product enhancements, and more daily news
Cigna has announced that they have enhanced aspects of Income, Mortgage Repayment, Complete Disablement, Trauma and Premium Covers. The enhancements include changes in wording and benefits. The changes were made effective as of 11 November 2020. The changes are designed... Continue reading
Posted Nov 12, 2020 at moneyblog
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FSC release new disclosure guide, and more daily news
The FSC has published a new disclosure guide. The guide is designed to help advisers meet obligations and provides information on what to disclose and what is not necessary to disclose. The FSC has focused on life insurance, investment, mortgage... Continue reading
Posted Nov 11, 2020 at moneyblog
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Partners remove occupation class restriction and mental health questionnaire, and more daily news
Partners Life has announced that the automatic COVID-19 occupation class restriction that were previously applied to disability benefits will be removed. The disability benefits that had this restriction include Income Cover, Mortgage Repayment Cover, Household Expenses Cover, TPD Cover and... Continue reading
Posted Nov 10, 2020 at moneyblog
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