Everything is a bit up and down at the moment, including investment markets and therefore KiwiSaver balances. Of course, the value of your KiwiSaver investments (and your KiwiSaver balance) goes up and down all the time, but the impact of Covid-19 has seen more movement than usual.
When investment markets start bouncing around, and especially when they fall, investors can often have a sense of unease or even mild panic. When this happens, it is important to maintain some discipline and ensure you stick to your investment plan.
In changes announced recently, savings in KiwiSaver default funds will soon exclude investment in fossil fuels and the default fund allocation will be a ‘balanced’ fund.
Each year, Mercer produces its Periodic Table of investment returns. which tracks 16 major asset classes and ranks how each has performed, on an annual basis, over the last 10 years. A glance at the Table quickly highlights how challenging it is to unearth patterns and predict what the years ahead may hold.
Following the Sky City hotel fire and other high profile losses, there has been a lot of discussion regarding potential liability claims for sub-contractors.
Being a stay-at-home parent is a full-time gig. As a teacher, counsellor, chef, housekeeper and more, they are contributing tens of thousands of dollars of unpaid work to your family every year.
From early November you will notice a few small changes to Core Advice. We are now a part of the Wealthpoint network, a group of like-minded financial adviser businesses spread throughout New Zealand.
Cyber attacks are becoming more frequent, and they can affect anyone. It’s not just large organisations or businesses who are affected.
According to new research from the Financial Services Council, New Zealanders who take advice from an adviser have much more confidence in their cover, compared to those who purchase insurance online.
Cheque books are expected to go the way of the moa and will be extinct within a few short years.
Following the recent gas explosion at a Northwood property in Christchurch, WorkSafe have issued some important reminders about using gas safely.
Quad bikes are a serial killer in New Zealand workplaces. Eighty-one people were killed on work quad bikes between January 2000 and October 2017. Three have died since July last year. Most fatalities and injuries are caused by roll overs.
Every now and then the question comes up of whether third party motor insurance should be made compulsory in New Zealand for all motor vehicles.
Whenever you apply for personal insurance cover, the insurers will ask you a series of questions to assist them to make an underwriting decision. These will cover things about your current and past health, your occupation, pastimes and family medical history.
No one enjoys paying tax, even worse is paying too much tax! With tax returns currently being done, now is a good time to check you are paying the correct tax rate on your KiwiSaver or other investments.
The ability to utilise drone technology is allowing Vero clients to get faster assessments following damage to remote properties and speed up the claims process.
Your KiwiSaver Scheme is a great way to save for your first home deposit and retirement, and there have been some recent changes to KiwiSaver that could help you lift your savings.
Australia’s Financial Services Council is enacting a moratorium on life insurance genetic test results as a binding standard - and its counterpart in New Zealand says it’s an issue that’s on the agenda here too.
New research from Baker Tilly Staples Rodway indicates Kiwis overall will actually pay a day’s less tax this year, albeit five more days than two years ago.
In a well-publicised High Court judgment former directors of Mainzeal Property and Construction Limited (in liquidation) were found liable for breach of their directors’ duties by trading recklessly whilst the company had been insolvent over a period of years.