Legal and regulatory update for the life and health insurance sector
May 18, 2022
17 May 2022 – Second reading of the Data and Statistics Bill completed in Parliament. https://www.parliament.nz/en/pb/bills-and-laws/bills-proposed-laws/document/BILL_116197/data-and-statistics-bill
18 May 2022 – FMA released a report titled “Value for Money Industry Report” highlighting that Fund managers’ inconsistent performance measurement and cost of fees reduces benefits to investors. https://www.fma.govt.nz/news-and-resources/media-releases/value-for-money-may-2022/
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