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Top riskinfonz.co.nz News

NZ Financial Adviser Pleads Guilty to $1.7m Theft From Elderly Clients

Business · New Zealand

NZ Financial Adviser Pleads Guilty to $1.7m Theft From Elderly Clients

100% Center coverage: 2 sources

A former financial adviser who stole about $1.7 million from elderly clients for his personal use faces up to seven years in prison after pleading guilty....See the Story

Nib NZ Completes Company Amalgamation

New Zealand · New Zealand

Nib NZ Completes Company Amalgamation

nib NZ says it has successfully completed the amalgamation of its two operating entities, nib nz limited and nib nz insurance limited, into a single company, now operating as nib nz limited. In a statement the company says the amalgamation streamlines nib’s business structure, enhances operational efficiencies, delivering a simpler experience for members. Rob Hennin. nib NZ CEO Rob Hennin says the change represents nib’s drive to improve members…Read Article

New Zealand regulator cancels Filcare Services Limited’s licence

New Zealand · New Zealand

New Zealand regulator cancels Filcare Services Limited’s licence

The FMA of New Zealand has cancelled Filcare Services Limited’s (Filcare) Financial Advice Provider licence, at its request. The post New Zealand regulator cancels Filcare Services Limited’s licence appeared first on FX News Group.See the Story

2025 MDRT Annual Meeting – Miami

More than 50 Australian advisers have descended on Miami this week to attend the 2025 MDRT Annual Meeting. Having been conducted in North America every year since 1927 (except in 1942 and 1945), this is an event every financial adviser should experience at least once during their career. Attended by many thousands of advisers from […]Miami, Florida · Miami See the Story

Practice Valuations – Poll Result

Note: There is a poll embedded within this post, please visit the site to participate in this post's poll. Our latest poll suggests advisers are reasonably confident the business valuation of their financial advice practice has risen over the past 12 months. As we go to press, six in 10 advisers agreed their business valuation was likely to have risen, with just 16% stating ‘no’ it had not. A sizable 24% weren’t sure. We asked the question in li…Australia · Australia Read Article

NZFSG Appoints Head of Insurance Distribution

Adviser network, NZFSG, has announced the appointment of Gavin Neal as its new Head of Insurance Distribution. The company says Neal brings more than two decades of experience in the financial services sector, most recently with health insurer nib. Gavin Neal Neal will be based in Auckland and will “…lead the next phase of growth in the company’s insurance channel.” It says his expertise spans insurance leadership, operations, compliance, projec…Read Article

Latest Poll – Adviser Practice Values

Note: There is a poll embedded within this post, please visit the site to participate in this post's poll. Could the value of your advice practice have increased in the past year as a new report indicates values have in Australia? We ask the question in light of news out of Australia that business valuations across the financial services sector have climbed sharply over the past 12 months, according to Radar Results price guide (see: Latest Pra…Australia · Australia Read Article

Asteron Life’s Parent Appoints Future Group CEO and Directors

Asteron Life’s parent company Resolution Life Australasia and Acenda have announced the appointment of Chris de Bruin as the future Group CEO of the Acenda Group, which will include Acenda (formerly MLC Life Insurance) and Resolution Life Australasia. It has also appointed four future Independent Non-Executive Directors. The company says the CEO and director appointments follow Nippon Life’s announcement in December 2024 that it had agreed to ac…Australia · Australia Read Article

Financial Advice NZ Event With Minister Scott Simpson

Financial Advice New Zealand is holding a lunch with the Minister of Commerce and Consumer Affairs, Scott Simpson, in July entitled A KiwiSaver Symposium. Financial Advice NZ says the event offers a “…unique opportunity for financial advisers and industry leaders to explore the adviser value proposition, ensuring KiwiSaver continues to serve as a cornerstone of financial security for New Zealanders.” Scott Simpson The association says that the …Auckland, New Zealand · Auckland Read Article

Partners Life Announces Medical Premium Increase

Partners Life has announced a medical premium increase due to rising medical health costs which it says are forcing insurers to review their medical premiums more frequently. In an Adviser Update the insurer says that from July 22 2025, Private Medical Cover (including Specialists and Tests Option) premiums will increase by 2% for new clients. “This means for existing clients with anniversaries on, or after, 22 July 2025, the annual increase wil…New Zealand · New Zealand Read Article

Strong Adviser Preference – Poll Result

Note: There is a poll embedded within this post, please visit the site to participate in this post's poll. The results of our latest poll indicate that product features are overwhelmingly the most important factor for advisers when it comes to deciding which life insurance product forms the best fit for their clients. As we go to press 43% of advisers indicated product features most often informed their selection in choosing a life insurance sol…New Zealand · New Zealand Read Article

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