2008 will see some major changes for the New Zealand insurance industry with the tabling of two Bills in late 2007 for the financial industry at large, and a further bill specific to insurance contracts to be tabled shortly.

This is an overview of issues for managed funds, including KiwiSaver schemes, unit trusts and superannuation schemes.

The near-final draft of the FMC Regulations deals with concerns raised by KiwiSaver and superannuation scheme providers.