Together with AMP, we’re getting behind the I AM HOPE tour. AMP is proud to be partnering with the Key to Life Trust and to be getting behind the I AM HOPE TOUR, a wonderful initiative being led by Mike King to help combat the very high rates of suicide in our country.
In 2017 the number of insurance claims from "extreme events" broke records last year, testing the sector's ability to keep up with nature.
The Insurance Council of New Zealand says total settlement cost of events in 2017 reached $2.55 billion.
Kiwi women are lagging behind their American counterparts when it comes to earning more than their partners.
Research by Boston Consulting Group found one third of married women in the United States earned more than their husbands.
Many of the people who do not contribute to KiwiSaver on a regular basis are on a low income or are not in paid employment, research suggests.
More than 2.7 million Kiwis are signed up to the retirement scheme but 1.1 million were considered to be non-contributors in the year to March 31, 2017.
The news is currently full of stories about Bitcoin – selling a story about how to become a millionaire overnight. But the Financial Markets Authority are receiving an increasing number of complaints from investors who’ve lost money using cryptocurrency exchanges.
Two years on from her own battle with cancer, a 19-year-old wants to help others in theirs.
Blenheim teenager Issy Cowlishaw will head to the University of Auckland when she finishes college with the ultimate aim of designing artificial limbs.
Finance-focused podcasts are a total game changer. Not only do they make a long commute feel like less of a drag, but they can also help you become financially savvy with practical advice and inspiration. Here are five entertaining yet educational recommendations:
Investment scams can happen to anyone. They’re often very sophisticated. The people involved sound credible and the websites look very professional, usually including testimonials from other investors. It can be hard to tell a scam apart from a genuine investment opportunity.
The announcement of the New Zealand First party’s decision to join the Labour party in coalition government with Green Party support has ended almost a month of uncertainty, and results in a verdict in favour of change, rather than allowing for cautious continuity.
If you’re not familiar with the life of a mariner, then it might sound a little strange why they don’t allow bananas on the boat.
The reason is quite simple: bananas are bad luck.
Are you a regular Lotto player? Think you’re in with a chance of being the next millionaire? Let’s have a look at the numbers..
The NZ Lotteries Commission estimate your chances of winning first division Lotto at one in 3.8 million (or one in 38 million for Powerball!) ie. – not likely!
When you drive, you’re constantly checking your surroundings. You’re keeping an eye on other motorists around you, and making a mental note of who’s speeding up, slowing down or turning.
You rely on other motorists to do the same thing – but accidents still happen.
If someone else makes a mistake and causes an accident – are you also relying on them to have insurance?
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.
We encourage full disclosure of any medical issues - let the insurers investigate fully and make an informed underwriting decision to avoid any issues at claim time.
Debt. At various stages in life we all need to borrow money in order to buy things – houses, property, a business or a vehicle. But, not all debt is created equal!
If you do need to take on debt, make sure you know the full cost. How much are the repayments, over how long, what are the fees and charges, how much is the interest cost?
We have experienced rapidly increasing house prices over the past few years, increasing the value of what for many of us will be our biggest asset. But does this mean we are actually any wealthier and are we making the same smart decisions we made when our properties were worth less?
We know it's hard to resist spending now in order to have something more to use in the future. Retirement can seem like such a long time away but a little bit saved now can make a big difference later.
Kids find it just as hard as adults.
Recent figures from Sovereign show that cancer continues to be the leading cause of life and trauma insurance claims.
Cancer made up 49.6% of Sovereign life insurance claims and 68.3% of trauma claims in the 12 months to 30 June 2016. with over $115 million paid out during this time frame.
The Government is cautiously supportive of including higher KiwiSaver contribution rate options and “increasing KiwiSaver coverage” but cannot say yet what that might mean.
Commerce and Consumer Affairs Minister Jacqui Dean has released the Government’s response to the Retirement Commissioner, Diane Maxwell’s, review of retirement income policies.
There is a difference! The costs of living are constantly increasing – food, rates, power and heating, phone, rent or mortgage repayments – you name it, just covering the basic bills is getting expensive. Which means that once you retire and income reduces, keeping up with things becomes even harder.
When you consider the unique challenges faced by women in their 30s, including career breaks to have children, it’s hardly surprising that this age group lags behind others when it comes to retirement savings.