News Life and Health25 May 2018

New Zealand:Life insurers told to prove that no misconduct exists

| 25 May 2018

The Financial Markets Authority (FMA) and the Reserve Bank (RBNZ) yesterday published a joint letter sent to the CEOs of New Zealand's life insurers, asking them to give their assurance that misconduct involving financial advice of the type highlighted in Australia is not taking place in New Zealand.

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