Regulator chief 'sceptical' about life insurers' willingness to change
Review uncovered shoddy practices so the government has agreed to fast-track customer protection.
Calida Stuart-Menteath
Wed, 30 Jan 2019
A whip has been cracked over the life insurance sector but the head market regulator is sceptical the chastised sector will change much by itself.
The Financial Markets Authority (FMA) and Reserve Bank of New Zealand (RBNZ) published a damning report yesterday on New Zealand’s life insurance
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Calida Stuart-Menteath
Wed, 30 Jan 2019
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