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Temporary commission boost from Cigna

It has been announced that Cigna plans to double the commission of advisers during June and July. This announcement comes after the Government stated that all New Zealanders need to have access to independent financial advice. The increase in commission payments will be made out in recognition of the efforts of advisers during Level 4 and Level 3.

"“Life insurer Cigna has announced that it will be doubling service commission payments to its insurance advisers for the months of June and July 2020.

Chief executive Gail Costa said the doubled payments are intended to recognise the effort insurance advisers have put into helping their clients over the past several months as the COVID-19 pandemic has unfolded, all while making adjustments to their own businesses.  She says the financial support should help them keep on top of any personal financial difficulty, and will help them carry on assisting their clients as they rebuild their lives.

The announcement was made following the Government’s statement that New Zealanders should continue to have easy access to independent financial advice." Click here to read more

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