ABOUT US
Background
KSL financial Limited (KSL) was incorporated in May 2001 and acquired the business of Kevin Seque Limited (established in May 1980). In October 2001 it acquired Kevin Bowden & Associates and Sterling Securities & Investments Limited.
In 2007 it sold off its fund management business to Christchurch sharebroking firm Hamilton Hindin Greene and dis-established its mortgage business, and now focuses solely on income/risk management and second-opinion insurance audits.
Professional Associations
- Million Dollar Round Table, the premier association of financial professionals worldwide, representing the top 5% of insurance sales people
- Life Brokers Association of NZ
- Professional Advisers Association
KSL Advisers
Kevin Seque is a:
- Life and 21-year Qualifying Member of Million Dollar Round Table
- Fellow of the Life Brokers’ Association
- Member of the Professional Advisers’ Association, ‘PAA’
Brian Seque is a:
- 3 year Qualifying Member of Million Dollar Round Table
- Member of the Life Brokers’ Association.
Six-Monthly Assessments
Every six months KSL peer review all of the industry products with internal and external advice where appropriate, including the products that are currently recommended to ensure that these products remain appropriate and competitive in the market.
This review takes into account the credit rating and financial stability of each company, the claims’ paying ability, claims’ paying desirability, administration services, product definitions, technology support, pricing and flexibility.
From this review KSL creates an approved product list.
Fees vs Brokerage
KSL does not charge fees. KSL is a brokerage firm receiving commission from the product providers whom we place our clients’ business through. For over 30 years the advisers of KSL have been remunerated by brokerage.
Brokerage is the accepted way that insurance product has historically been sold in New Zealand. Most people that need and want to purchase insurance do not have the desire or capacity to purchase through an adviser charging fees. Particularly as they are aware the commission is built into the price of the product whether they buy off the web, direct or through an agent.
ROBUST AND INDEPENDENT
Under the current regulations because KSL is paid by commission it can no longer refer to itself as independent. However,
- KSL has no undisclosed relationship with any insurance company, financial or product provider
- KSL has no arrangement where they are required to place minimum levels of business
- KSL has no financial commitments to any supplier
- KSL operate in a completely unbiased market space
- KSL does not belong to any producer group or aggregator
- KSL has its own internally approved product list based on its own analysis capability
KSL is founded on four main principles:
- Professionalism
- Superior knowledge and Skill
- Integrity
- Independence in the context of the Oxford dictionary: "Freedom from the control, Influence, support aid or the like, of others"
KSL, whilst receiving brokerage from all product providers offers very clear, unbiased and objective advice to its clients in the choice of recommended products from suppliers. Product suppliers are rigorously selected and regularly reviewed and compared through our six-monthly peer review assessment process.
Contact Us
For more information, contact us on 03 365 4460.