With increasing life expectancy, New Zealand now has a larger portion of the workforce continuing to work past the traditional retirement age of 65. According to Age Concern, in 2013, 22% of New Zealanders over the age of 65 years were in paid employment – an increase from 16.8% in 2006 and 11.4% in 2001.
If your home is damaged by a landslip you are generally insured by EQC up to the maximum levels. EQCover for land is limited to land that is within your property boundary.
In just two-and-a-half years, the 2020s have already proved to be a decade of dramatic and disruptive change – but could some change be for the better?
Your 50s can come with increasing financial freedom and the allure of life as an empty nester. So what benefits would life insurance bring? The answer depends on your situation and comfort with risk. Here’s why many people keep life insurance cover going in their 50s.
Can you spot the hallmarks of a fake product disclosure statement (PDS) or prospectus? The FMA is warning investors to be vigilant after seeing an increase in fake investment documents targeting New Zealand investors, an example of how scammers can tailor their approach.
When you take out an insurance policy, you’re counting on it being there for you when you need it. But some simple mistakes can mean you don’t have the cover you expect.
Here are some of the things that get in the way of New Zealanders getting the best results from their insurance policies.
From 1 October 2022, the maximum amount of cover EQC provides on home insurance policies increases from $150,000 to $300,000 per dwelling, plus GST.
Though you’re likely to be earning more in your overseas job than you would in the equivalent one back home, you’re paying interest on your loan while you’re away. You’re ahead if your overseas job pays more, but only as long as you make regular payments.
The month of August started with a strong performance on the back of a solid July and the understanding that peak inflation data had been priced in by markets.
With Queen Elizabeth II no longer occupying her long-held position as New Zealand’s head of state, what happens now to the image of her head on our cash?
New research has found that KiwiSaver fees are on average lower than fees charged on similar funds in Australia and default fees are on average lower than the fees for default products in both Australia and the UK.
SumExtra is a 'top up' cover that makes your AMP Home Plan - Maxi cover home insurance go further. It provides extra financial help if the cost of repairs or replacement for your house are ever more than your Sum Insured.
The past month has seen positive returns for all asset classes, this is on the back of economic data indicating that central banks’ actions may be working.
During the month of June, investors became increasingly concerned with the potential of a near term recession, sending markets into a sharp decline, with the S&P 500 down 20% since the start of the year, the worst first half year period in decades.
The global equity market initially continued a downward trend, but then reverted later in the month. Amid April US inflation data exceeding expectations and another month of strong job and wage growth, the US Federal Reserve hiked rates by half a percentage point and indicated similar hikes would occur in proceeding meetings.
If the weather was anything to go by this week winter is well and truly here which means the flu and cold season is upon us. Therefore it’s important to boost our immune system to stay protected during winter.
Investment fund managers tend to follow either an ‘active’ or ‘passive’ management approach to investing. Both approaches have some fundamental differences in targeted performance and strategy.
The increasing frequency of severe weather events, predicted rising sea levels and climate change are expected to have significant impacts on insurance for property owners in the future.
Our offices in the Forum are open and operating under the Orange Covid-19 protection framework requirements.
During the Orange alert level, our preference is to work remotely with clients either by phone, email or via Zoom meetings online. You are able to visit our offices if you need to see us but we would prefer you to call ahead and schedule an appointment for a meeting.
No one should have to choose between possible financial hardship and potentially life-saving medical treatment, but that’s the decision currently facing thousands of Kiwis who need access to medications that are not funded by PHARMAC.
