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Why we must all use the covid tracer app, by Andy Fyers

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FMA bill a 'missed opportunity,' Fidelity Life says

Staff reporters
Wed, 14 Oct 2020

The failure to address high upfront commissions in the Financial Markets Amendment Bill was a "missed opportunity" and it was now unlikely anyone will reduce commissions and risk losing market share, says Fidelity Life chair Brian Blake.Blake said the industry as a whole hadn't yet felt the impact it initially expected due to covid, with the firm itself not experiencing any increase in claims or lapsed policies. However, it remained both "cautious and vigilant," with reinsurers taking a conservative approach to underwrit...

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