sales incentives

6 Feb 19, 8:59am
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
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30 Jan 19, 2:41pm
Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised 
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29 Jan 19, 3:11pm
Robertson and Faafoi commit to plugging legal gap that sees bank and insurance conduct go unregulated
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29 Jan 19, 1:00pm
RBNZ and FMA talk tough on poor conduct and culture of $2.57 billion life insurance sector, but avoid explicitly telling insurers to put an end to commission payments
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7 Dec 18, 12:12pm
CEO David Cunningham says The Co-operative Bank is working on alternative incentive options for staff after FMA told banks 'thou shalt not have sales incentives'
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7 Dec 18, 12:07pm
Aussie Royal Commission tipped to recommend remuneration overhaul as FMA gives views on how banks should pay mobile mortgage mangers & mortgage brokers in NZ
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19 Nov 18, 9:53am
Challenge of achieving good customer outcomes through vertically integrated banks 'harmed significantly' by staff incentives 'to put away product', FMA says
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15 Nov 18, 1:02pm
'High risk' of inappropriate sales practices occurring with banks 'not adequately' monitoring and controlling the risk, FMA says in bank pay incentive structures report
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15 Nov 18, 1:00pm
FMA director of regulation Liam Mason details the type of bank pay incentives the regulator would like to see rewarded, says incentives linked to sales should go completely
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5 Nov 18, 2:02pm
RBNZ and FMA: Banks need to revise their sales incentive structures 'through all layers of management'
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8 Aug 18, 12:22pm
ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
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29 Jun 18, 11:42am
IAG the first big player in the finance sector to get rid of staff sales targets; Move comes in the wake of law changes in NZ and a royal commission inquiry in Australia
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