Diane Maxwell on making NZ Super sustainable by increasing the age of eligibility, means testing, hiking minimum KiwiSaver contributions & making it harder for migrants to qualify The Retirement Commissioner warns New Zealand Superannuation isn’t sustainable in its current form, so we need to prepare for change. Diane Maxwell says it’s inevitable the period of […]
Authorised Financial Adviser, Lynda Taylor, reveals some common mistakes that she comes across when reviewing people’s protection plans. OwnershipMake sure you have the right people owning the insurance policy so that the money goes where it should. Not protecting your greatest asset – the ability to earn.How long could your household manage without the primary
There are a number of dedicated insurance companies in New Zealand and their offerings all differ slightly. They will differ in terms of their policy wordings; for example, some will offer free trauma cover for your children, others will pay immediately on an income protection policy in certain circumstances; and they also differ in terms
Why do my insurance premiums keep going up? What can I do about it? The premiums increase for 2 reasons … 1. As you get a year older, you are deemed to be a greater risk to the insurer and more likely to claim. The premiums are the price you pay to cover the risk
[ezcol_1half id=”” class=”” style=””]“And I learned there are troubles Of more than one kind Some come from ahead And some come from behind.” “I had trouble in getting to Solla Sollew” by Dr. Seuss – this is one of my favourite books and I still have the original copy that I got as a child
“I’d have no more troubles …. That’s what the man said” Read More »
You pay the insurer a monthly premium and the insurance kicks in to pay a percentage of your mortgage (or the whole lot) if you can’t meet repayments while you’re off work. There are policies on the market that will pay you this benefit through to the age of retirement – alternatively you may choose
Mortgage protection insurance – how does it work? Read More »
The article below was in the New Zealand Herald today and is good common sense … “KiwiSaver is an excellent way to start your children’s savings habit,” said ANZ Wealth managing director John Body. “It allows you to contribute as little or as much as you want into the account while your child is growing
New Zealand tax laws in respect of foreign pension lump sum payments and transfers are changing as the Inland Revenue chases revenue from pension transfers to New Zealand. The main points of these changes are:- 1. Changes potentially affect up to $10 billion in foreign superannuation and are not limited just to UK pension transfers.
Changes and opportunities for those with UK Pension schemes Read More »
Well for most Kiwis and their children our first introduction to a life cycle is when we study the monarch butterfly at Kindergarten, or get a swan plant from the garden centre…. Life is fluid – we may get married, get divorced, have kids, start work, buy a business, leave work, buy a home, take
Your ability to get up and go to work each day is easily taken for granted and often undervalued. As a 45 year old with an earning capacity of $60,000 per annum, your earning capacity over the next 20 years is in excess of $1,200,000. We insure our cars, our houses, the goodies we have