riskinfoNZ

Business coach Tony Vidler writes that in order to become a more effective adviser, the ongoing development of the skills that are required to deliver influential advice should be deliberately developed. But what are the essential skills that lead to influence for an adviser in today’s world of fast-moving, mobile-search-driven, value-conscious consumers? https://buff.ly/4gnG9WI #Riskinfo #TonyVidler

A shopping gift card valued at $300 is being offered by Nib to eligible applicants who sign-up for a new Life & Living policy by 28 February 2025. The card will be sent out after three months’ premiums have been paid. https://buff.ly/3DgGATT #NIB #Riskinfo

Does the prospect of billing on an ad-hoc basis seem attractive? Some of those across the Ditch point to data showing a growing divide between the higher costs of comprehensive financial advice and the affordability of episodic guidance. https://buff.ly/4flv1s2 #Riskinfo #Poll #FinancialAdviser

The adviser support programme (ASP), launched by Partners Life in 2018, is being handed over to compliance and training firm Dacreed. Originally launched as a vehicle to help advisers get up to speed with the then incoming regulatory reforms, the firm says the offering needs to evolve to meet the current needs of those working in the sector. https://buff.ly/3DgGrzP #Dacreed #PartnersLife #Riskinfo

No new rules will be introduced by the FMA next year says its CEO Samantha Barrass in an end-of-year message to the sector, but she has flagged the regulator will be changing its approach. In referring to the organisation’s Financial Advice Provider Monitoring Insights report, which focused on gaps that could lead to poor outcomes for consumers, Barrass says the FMA has taken onboard what the industry said. https://buff.ly/3OZ5b29 #FMA #Riskinfo

In Australia, a new report shows that while more than 10 million adults plan to see an adviser, half only want to pay for advice as-and-when they need it – preferring one-off episodic advice rather than traditional, full-service models. https://buff.ly/4fc8Rsb #Riskinfo #FinancialAdviser

A new CFO has been appointed by Partners Life. Mark Schollum will take up his new role in March 2025. https://buff.ly/4gpo3Tv #PartnersLife #CFO #Riskinfo

The issue of affordability is a major hurdle preventing consumers from obtaining the lump sum and IP cover they want, according to the interim results of our latest poll. https://buff.ly/41mlxJC #Riskinfo #Poll #InsuranceAffordability

Partners Life is changing its commission structure and will no longer calculate bonus commission based on its Customer Outcome Matrix measurements. New risk bonus commission rates will now be 100% of annual premium. https://buff.ly/4gsoXyJ #PartnersLife #Riskinfo #Cofi

Advisers attending Partners Life’s roadshows heard from CEO Michael Weston about how the firm is partnering with advisers and evolving its service for tomorrow’s businesses and consumers. Part of this are enhancements to the insurer’s Quote for Alterations service, the second phase of which will “…transform its new business application process,” Head of Digital Innovation, Tim von Dadelszen said. https://buff.ly/4f8Y41M #PartnersLife #Riskinfo #FinancialAdviser