Hello

We have lots of news and events for risk advisers this week including The National Partnership doing a deal, Tower improving its Key Person Cover, changes at AIG Life with the departure of Jeremy Young and, if you are looking for something to do next week, dates for the PAA roadshow.


Remember if you have any news tips please email them to editor@goodreturns.co.nz.

Insurance news

Tower enhances Key Person cover
Tower Health & Life has released some enhancements to its Business 360 Key Person Cover. This cover is designed to pay a monthly benefit if a business owner or key person is unable to work due to an illness or injury. More

The National Partnership buys back-office
Insurance-based advisory group The National Partnership (TNP) has bought the back-office systems of financial planning firm Advice Financial. More

TOWER makes enhancements to Business 360® Key Person Cover Features include: no financial evidence for sums insured under $5,000 per month, non-cancellable, all benefits paid in advance, no ACC offset and the policyowner can be the life insured or the business. For more information contact your BDM, call 0800 500 167 or email healthandlife@tower.co.nz.

People

AIG Life's head of distribution, Jeremy Young, is moving on. More

Diary

Also next week the Professional Advisers Association is starting a series of roadshows around the country. To find out what the PAA is up to get along to an event near you. Details in the diary.

Blog

Can trustees really police fin coys?
So the Reserve Bank is to oversee and regulate the non-bank deposit-taking sector to provide investors with more protection. More