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The Financial Services Council welcomes BNP Paribas Securities Services and Momentum Life as new members. The addition brings the total number of FSC members to 35, an increase of more than 25% since December 2016.

FSC CEO, Richard Klipin, said "The continued growth in membership reflects the solid progress made establishing the FSC as a trusted industry body intent on doing the best for members, consumers, the broader industry and the New Zealand community. We welcome both BNP Paribas and Momentum Life to our membership. We look forward to continuing to work with all our members as we seek to shape the future of the industry."

Head of BNP Paribas Securities Services New Zealand, Doug Cameron, said "We are delighted to rejoin the FSC. The FSC is making a difference for the industry and we felt that now was the right time to be part of the conversation."

Chief Actuary of Momentum Life, Chris Marston-Fergusson, said "Joining the FSC shows that we are committed to making a difference in the New Zealand industry. We look forward to working with other FSC members during a time of continuing industry change."

As the voice of the Financial Services industry, the FSC advocates for a strong and robust financial services industry that serves the New Zealand community. With the inclusion of BNP Paribas and Momentum Life, the FSC broadens its ability to represent the industry and build a sustainable, growing market delivering strong consumer outcomes.

 

About the FSC

The FSC is a non-profit member organisation, representing life insurance and investment providers in New Zealand. Through its 35 members and associate members, the FSC is the voice of the financial services industry, covering over 95% of the major insurers in life, disability, income, and trauma insurance market in New Zealand. Fund managers and KiwiSaver providers, law firms, audit firms, and other providers to the financial services sector are also represented among its membership. Visit the FSC website for more information.

 

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About Author: Momentum Life is a leading provider of Life insurance and Funeral insurance in New Zealand. 


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The content provided in this article is for information purposes only. The information is of a general nature and does not constitute financial advice or other professional advice. To the extent that any of the content constitutes financial advice, it is limited to Momentum Life products only and does not consider your specific financial needs or goals. You should consider whether the information is appropriate for you and seek independent professional advice, if required.

All product information is correct at the time this article was published. For current product information, please visit the Momentum Life website.



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