Changes to the Trust Law

Over the last 4 (or 17 depending on your source) years new legislation for Trusts has been working it’s way through the consultation and legislative process. It has now been passed into law as the Trusts Act 2019 and it comes into effect on January 30th 2021 and replaces two pieces of existing legislation –…

Online Relationship Break-Up Tool

The Ministry of Justice has released an online collection of information for people navigating a relationship break up. It says while it has had a lot of helpful information on its website, it has been told it could be overwhelming. “We took a look at how we were presenting information to people navigating a relationship break up…

Changes to KiwiSaver Act to enable people with life -shortening congenital condition to access KiwiSaver funds before age 65

The efforts of Tim Fairhall, a man with Down syndrome, has ensured that those living a life-shortening congenital condition can access their KiwiSaver funds before the set age of 65. This change comes after Tim, and his mother requested that a Parliamentary select committee set special conditions for individuals living with life-shortening conditions. To have…

Asia – the powerhouse

Despite the rhetoric (or it it the cause of the rhetoric?) from the USA, Asia is continuing to grow and becoming a powerhouse of Gross Domestic Product. These graphs show that: 1.The US and EU accounted for more than half of the global economy in 1980.  Today they combine to make up 31% 2. Asia’s…