This series of four videos was produced by the New Zealand Herald at the end of 2012. We feel that they are a great introduction to KiwiSaver, answering lots of questions. If these questions raise unanswered questions for you at the end of the video, ask us, go to http://www.moneyworksdirect.co.nz/kiwisaver_question/ and Ask us a KiwiSaver…
With thanks to Troy and family and Sovereign for telling this story. Troy was a successful chef running a busy kitchen. As Troy said: – “The need for insurance protection is underestimated. With the benefit of hindsight, we’d have taken out more insurance.” His trauma insurance covered travel and 4-5 months of the mortgage payments.…
This series of four videos was produced by the New Zealand Herald at the end of 2012. We feel that they are a great introduction to KiwiSaver, answering lots of questions. If these questions raise unanswered questions for you at the end of the video, ask us, go to Ask us a KiwiSaver Question. Part…
Income protection insurance and trauma insurance cover are insurance policies that you put in place for your own benefit. They pay out while you are alive and help you protect your financial situation if you can’t work because of ill-health or injury. But there is no point having these policies if they aren’t going to…
With thanks to Jacqui and ANZ (Australia) – in New Zealand ANZ owns OnePath Life, who is a company that Moneyworks recommends regularly. The contact details at the end of the video are for Australia. Jacqui’s Story – click here to watch the video As she says, although she has income protection, she had no…
This series of four videos was produced by the New Zealand Herald at the end of 2012. We feel that they are a great introduction to KiwiSaver, answering lots of questions. If these questions raise unanswered questions for you at the end of the video, ask us, go to http://www.moneyworksdirect.co.nz/kiwisaver_question/ and Ask us a KiwiSaver…
The Accident Compensation Corporation (ACC) is unique to New Zealand. It provides excellent cover if you have an accident that stops you from working for a period of time. However, it is very limited cover and you should not put all your faith in ACC protecting you over an extended period of time. Firstly ACC…
The news has just come through that Tower has sold it’s total investment business to Fisher Funds, including it’s KiwiSaver business. This raises quite a few questions: 1. What will Sam Stubbs do now? He has had quite a high profile in relation to KiwiSaver, but is there room for him and Carmel Fisher at…
AMP have announced that they are merging the AMP and AXA KiwiSaver schemes and giving up the dual default provider status that they have held since the AMP buyout of AXA in 2011. If a person joins KiwiSaver and doesn’t elect a fund manager, they are automatically allocated to a ‘default’ provider. There have been…
This article in the NZ Herald struck at my heart. On Valentines Day this year, we discovered that my beloved long time friend and companion, Sage (16 years old – 80 in cat years) had collapsed lungs, we think they were filled with lots of tumours. So, I returned from my client meetings 2 1/2…
“I know my loading is because of my fatness, and that isn’t going to change anytime soon!” This was a statement from an existing client recently, at her annual review of insurances. She understands that it is vital that she retains her income protection and life insurance cover to protect her family and accepts the…
With thanks to Shelley, and Sovereign. Shelley had a tumour of her spine. As Shelley says: “You never know when something like this is going to hit you, and in my case,it didn’t matter how fit and healthy I was.” Her tumour was a very rare condition. Shelley got a trauma insurance payment, which enabled…