Financial Tips & Guides
The FMA’s annual investor confidence survey shows 72% of investors are confident in the country’s financial markets. That’s up from 66% last year, and is the highest since the survey began in 2013. Although the types of investments NZ investors hold hasn’t changed much over Read More …
Westpac is to sell its life insurance company to locally-owned insurer Fidelity Life. The Australian-owned bank announced last month that it had decided not to sell its entire New Zealand banking operation. However, it has now announced to the ASX and NZX sharemarkets that it Read More …
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The Financial Markets Authority has released a guide on talking about money online aimed at social media influencers as well as tips for consumers who may come across people providing financial commentary online. Rob Everett, FMA chief executive, said it was fine to talk about Read More …
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Jane Wrightson, Retirement Commissioner and the head of the Commission for Financial Capability – the Government’s money education arm – said the strategy would bring together commercial entities, the non-profit sector, iwi and the government to work together.
Cabinet in December 2019 made an “in-principle” decision for the cap to sit at $50,000, but following public consultation during 2020, decided to increase this limit. Once implemented by mid-2023, the scheme will see registered banks and licensed deposit-takers like building societies, credit unions and Read More …
Money laundering is providing some of the biggest hits, according to latest police data in the period to mid-February. Since 2010, $994.3 million has been restrained under the Criminal Proceeds (Recovery) Act 2009 (CPRA) with $327.3 million of that tally forfeited to Treasury for use Read More …
Technology has played a great role in the financial industry over the past few years. As technology advances even further, it provides financial institutions with better opportunities that will create more impact than most traditional financial services. It is common for executives to rely on Read More …
All of BNZ’s (and Westpac’s) recent chnages have been to their ‘special’ rates for LVRs of 80% or less. Neither made changes to their standard rates at this time. And neither made matching term deposit changes either.
For many of us, the price of gold has no relevance whatsoever. However, it may have more of an impact than you think and the price of gold may affect more than just your ability to buy or sell products that you have that are Read More …
If you want to make sure that you have protected your assets from inheritance tax then you need to be ahead of the game. Consider the following tips to ensure that your assets are well-protected. Create a will If you don’t have a will then Read More …