Legal and regulatory update for the life and health insurance sector

25 Sep 2023 - FMA's latest '5 mins with the FMA' podcast #8: KiwiSaver Annual Report https://www.fma.govt.nz/library/podcast/5-mins-with-the-fma-podcast-8-kiwisaver-annual-report-2023/

25 Sep 2023 - NZ Police Financial Intelligence Unit released “The Suspicious Activity Report” for July/August 2023 https://www.police.govt.nz/sites/default/files/publications/fiu-monthly-report-jul-aug2023.pdf

25 Sep 2023 - ASIC is calling on Australian financial services and credit licensees (licensees) to ensure they remediate affected customers quickly and fairly, in line with ASIC’s guidance in Regulatory Guide 277 Consumer Remediation (RG 277). https://asic.gov.au/about-asic/news-centre/news-items/asic-calls-on-licensees-to-strengthen-remediation-procedures/

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Wotton + Kearney release 2023 NZ Insurance Market Trends Update

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AIA launches online adviser onboarding application