Partners wins PAA gong

The move was a surprise to some conference attendees as the firm has been in the spotlight over concerns about what its recent redundancies might mean for its financial health and its reliance on reinsurance funding, which the Reserve Bank has in its sights.

PAA chief executive Peter Leitch said the win did not mean the organisation was endorsing the insurer as a provider of choice.

He said the decision was made on the results of a survey to members, which asked about their experiences with the support they received and the quality of products offered. “We wanted to recognise our members were saying these providers are doing things right.”

Lender of the year was ASB and KiwiSaver/Investment provider of the year was Fidelity Life.