Tag: consumer_outcomes
-
FMA Review Calls for Stronger Oversight in Add-on Insurance
A new FMA review of add-on insurance and extended warranties highlights the urgent need for insurers to improve oversight of sales and distribution channels, ensuring fair consumer outcomes and better use of performance data.
BusinessLaw EnforcementEconomyFinancial MarketsLegalSocial Issues Financial Markets AuthorityAdd-on insuranceExtended warrantiesConsumer outcomesInsurance regulationFinancial servicesNZ Financial Markets Authority
-
Financial Advice Sector Sees Strong Growth, Digital Services Surge
New FMA report reveals a 10% rise in financial advice providers and a 90% surge in digital advice clients, alongside challenges with data accuracy.
BusinessFinanceLaw Enforcement Financial AdviceDigital AdviceFMARegulatory ReturnsConsumer OutcomesMarket TrendsFinancial ServicesNZ Financial Markets Authority