What does this mean? What is ‘liability?’ In New Zealand, with the ACC system, we don’t have a lot of experience with being ‘sued’ for our ‘liability’. We have a ‘no-fault’ system for personal injury – which means that we are protected from continual personal law suits. However, many people aren’t aware that there is…
Claiming on your income protection insurance Your income protection insurance policy is a vital part of your financial strategy. It is important that you regularly review the policy that you have in place to make sure that it is the most suitable for you on the market. It is also important that you are aware…
Terminal Illness Benefit – how to get your insurance paid out without dying On modern, good quality life insurance contracts, there is usually an additional benefit – a Terminal Illness Benefit (TIB). This means that the policy will not only pay out the value of the policy when you die (as it is designed to),…
Some of these tips (which you have probably heard before, but it doesn’t help to be reminded) will also save you money. Make your own lunch to take to work, great way to save time at work as well as money. You can always have a break and have a wander while you eat, but…
Income Protection – what does it cover, how does it work? At Moneyworks, we are regularly asked how income protection insurance cover works. As an essential personal insurance, it is important that you understand how it works for you. We have covered some common initial questions below. How is the price calculated? This depends on…
The cost of everything goes up all the time. Sometimes, we get a surprise and costs go down. This is usually when the New Zealand has fallen in value and the things that go down are imported items, like petrol (sometimes) and electrical/electronic items. But, one thing that does keep going up is the…
NZ First have a private members bill that they have presented to Parliament, proposing a rebate for health insurance for over 65’s. New Zealand First believes its health insurance premium rebate plan will result in tax rebates of about $100 million. But MP Andrew Williams, who presented the Affordable Healthcare private member’s bill to Parliament,…
Enough of the serious money and insurance and KiwiSaver stuff. Here is something a little different – information on that basic food staple – BEER!! Yes, it really does strengthen bones! and of course, the first professional brewers were women (Comment added by editor Carey!) 24 Fun Facts About Beer [Infographic] If you have…
Times have been tough. The bills haven’t all been paid. Your credit rating is dropping rapidly. What happens when you get back on two feet and want to borrow money? This article from Stuff gives you some tips. Having a good credit rating is important if you want to borrow money. A good credit rating allows…
OnePath have a great track record with their KiwiSaver funds. They are the biggest fund manager (when you incorporate the ANZ and National Bank KiwiSaver funds) for KiwiSaver. But why do their funds have different returns? This is an issue that we have highlighted on numerous times since the launch of KiwiSaver. It is particularly…
Or both?? Yes, this is brainfood time – literally. Take 4 1/2 minutes to watch this video and give yourself some time to think about how your brain works. This is How Your Brain Works If you have any thoughts or opinions that you would like to share, visit us at our Facebook or Linked…
What do you do? Morningstar Research have provided some interesting comments and thoughts in their KiwiSaver survey to 31/03/2013. This is interesting information, so we thought we would share it with you. The Morningstar Survey is available free to download to the public here. Significant change and consolidation of KiwiSaver fund managers (Morningstar commentary) The…