Peter Neilson leaves as head of Financial Services Council

Mon, 15 Feb 2016

By Pattrick Smellie Feb. 15 (BusinessDesk) - Former Labour cabinet minister Peter Neilson is stepping down as chief executive of the Financial Services Council, the lobby group representing the KiwiSaver and personal risk insurance industries, amid a review of how the sector pursues its collective interests. Neilson's departure comes after a series of resignations from the FSC by member companies, some of which disagreed with the FSC's public position on fee-based insurance and savings product sales, published in a report commissioned fro...

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