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Philip Macalister
Philip Macalister
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Weekly briefs

Sunday 21st of February 1999
The National Bank Financial Services will be running its annual investment race online with Good Returns this year.
A page dedicated to the race will be live on Good Returns later this week. On this page advisers will be able to download a copy of the rules, an entry form and decision forms for the race. During the race the page will have the latest economic update from the Natio...
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Latest News
[Weekly Wrap] What would Gordon and Shirley think?
[Weekly Wrap] What would Gordon and Shirley think?
4 min read
Barrass resigns as FMA chief executive
Barrass resigns as FMA chief executive
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FMA asks: How well are you looking after client money?
FMA asks: How well are you looking after client money?
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AIA moves into wealth with annuity launch planned
AIA moves into wealth with annuity launch planned
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News
More Read
[Weekly Wrap] What would Gordon and Shirley think?
[Weekly Wrap] What would Gordon and Shirley think?
4 min read
Barrass resigns as FMA chief executive
Barrass resigns as FMA chief executive
2 min read
FMA asks: How well are you looking after client money?
FMA asks: How well are you looking after client money?
4 min read
AIA moves into wealth with annuity launch planned
AIA moves into wealth with annuity launch planned
3 min read
Latest Comments
NZFSG calls out banks for chasing advisers' clients
The point should be made the banks assured the Commerce Commission at their recent review that the Adviser Channel and Bank channels were equitable .
4 hours ago Finadv
Fidelity Life sold to Partners
Good leaders are a rare commodity these days. Milton built a great business but when he left, a succession of bankers took over who we know are ignorant about insurance. We saw AMP buy AXA with bankers running AMP. What resulted was two 100 year old businesses being destroyed have bankers at the helm. We can hope that the boards of the few remaining insurers note that appointing a person with a banking background to the leadership role is a destructive appointment.
3 days ago Quality Advice
Fidelity Life sold to Partners
A shame to see Fidelity Life ceasing to be NZ owned, and for there to be no NZ owned Insurers left. It's sad to see what has happened to the company since Milton Jennings was in charge. You get the feeling if more of his type of leadership was continued that Fidelity might have continued to grow rather than the slow decline that has happened since Milton's tenure.
3 days ago Just an opinion
Who is responsible for notifying policy changes?
Of course it is the responsibility of the insurer to clearly communicate with its Policy holders, and Advisers together, regarding all changes on a Policy. There is at least one insurer that feels that a simple email to the Advisor on every Anniversary renewal is a bit too much for them! The Advisor has to be pro-active and chase renewal communications every year through the Insurer's website. Where is the responsibility of the insurer there?
4 days ago Porus Kateli
Fidelity Life sold to Partners
Can the New Zealand Life Insurance afford further shrinkage? With AIA performing so poorly options to insure will fall to just Partners, Asteron ( Acenda) and Chubb for mainstream Life Insurers. Of course there is PSP but they have a very small, targeted client group.
4 days ago Quality Advice