Since the launch of KiwiSaver in 2007, we have monitored the returns of each of the main KiwiSaver providers Balanced Funds every quarter. The Morningstar Survey covers all of the main providers with the exception of the Gareth Morgan KiwiSaver scheme (as he refuses to participate in the comparison survey). We have developed an in-house…
Since the launch of KiwiSaver in 2007, we have monitored the returns of each of the main KiwiSaver providers Balanced Funds every quarter. The Morningstar Survey covers all of the main providers with the exception of the Gareth Morgan KiwiSaver scheme (as he refused to participate in the comparison survey). Moneyworks NZ Ltd’s comments from…
This is a good insightful series of articles in Sunday Star Times that we recommend you read. Door-to-door scammers are roaming the Waikato using dodgy goods and services to fleece unsuspecting victims of thousands of dollars. And consumer watchdogs say “toothless” legislation is letting them and others get away with dozens of scams. Just this…
Things are getting tight. Inflation is still there. Costs are increasing, the family is getting older. So, lets cut the insurance, or just let it lapse. This is a common thought process. But, read the article below – and think twice before you get rid of that insurance… Aussies letting insurance lapse right before it’s…
A key concept of a good financial plan is that you have enough money set aside for emergency cash. This article about Martin Hawes addresses why you should have money set aside, instead of existing from pay day to pay day. Hawes: A fighting fund for lean times If you have any thoughts or opinions…
Should our electricity supply and politics mix? This is a worthwhile read from JB Were, it is thought provoking and gives you some good background into the debate that will be ongoing for some time. The unintended consequences of the Labour/Greens power policy will be negative for New Zealand says JBWere. If you have any…
How often do you get frustrated by a fee that just seems stupid? This article by Diana Clement looks at some excessive fees and makes some suggestions about what you can do to avoid them. Some fees seem unreasonable but others technically break the law It pays to read the fine print on tickets that…
The radio advertising has just started. TV and print advertising will probably start soon You will be getting a flier in the mail with your house insurance renewal statement. Why? What is it all about? If you own a house, this is probably the most important financial issue for you in the next year. Insurers…
While we are full service financial planners, we realise that not everyone wants to sit down with a ‘coach’ and pay for the advice that we give. Sorted have developed a tool to assist those people who want to do it themselves. This gives you assistance in working out your relevant assumptions, but doesn’t recommend…
This is a question and criticism that we have heard every now and then over the last 6 years since KiwiSaver was launched. It is important to understand that your KiwiSaver is held in your own name and that there is protection of a Trustee. This is NOT a Government owned or controlled investment. Your…
‘Churning’ is a dirty word in the financial advisory industry. For ethical advisers, to be accused of ‘churning’ can be a slur on your character. And no – it isn’t the same as ‘churning butter!’. ‘Churning’ means moving a clients insurance policy from one insurer to another. Unfortunately there are a portion of insurance advisers…