November 2020 Newsletter
More information this month on ethical investing, including a ground breaking 'impact investment' made by Generate for their KiwiSaver clients.Also a brief discussion about New Zealand Superannuation, in the context of the new 'Purpose of the New Zealand Retirement Income System' statement, for your information.
October 2020 Newsletter
Our focus this month is on how long you are going to live for (with a nifty life expectancy calculator), and a few thoughts on what you might want to do to have a long and satisfying retirement. There is also a small video with ideas on how to save more and some data on what happened to the criminal market for stolen credit card information when Covid hit.
September 2020 Newsletter
This month two major pieces of research were released in New Zealand:
1. Financial Services Council looking at Money & You, and the levels of New Zealand Financial Literacy and the role of Financial Advice and
2.CFFC (Commission for FInancial Capability - used to be the Retirement Commissioner) Financial Capability Barometer for 2018 -2019.
The key findings that are likely to affect you are that most New Zealanders don't have enough saved for retirement, but that those New Zealanders who work with a financial adviser are better off, get better investment returns and are more comfortable about their financial situation and future. We have profiled these two bits of research below.
We have also told you a little bit about a fund-raising ride that Sally is doing in November to raise funds for Pedal4Prostate - we would appreciate it if you were able to assist her with some sponsorship - even if it is only $10.00 - it is tax deductible.
And finally - if you can find around 8 minutes, take some time watch the mesmerising feather balancing act - watch it all the way to the end!
August 2020 Monthly Newsletter
Having investments that don't 'do bad' is important to Moneyworks and to many of our clients.Ethical investing is a relatively new concept and is still in it's early days. Moneyworks have committed to educating ourselves through the UN PRI Academy and to understanding the approach to Ethical Investing of our recommended fund managers.We have set ourselves a goal of having completed our education and a thorough analysis by the end of 2021 - and we are aiming to share our findings with our clients during 2022. We will communicate more with you as we learn more in future newsletters, but this newsletter provides some background for you.
1. Ethical Investing - Moneyworks approach
July 2020 Monthly Newsletter
This month we are talking about insurance - what do you have to do with insurance if you are building or renovating, with a checklist to download on our website to make sure you get it right!We are also sharing some information on our experience with helping clients with their life, trauma and income protection insurance claims over the last 2 years - it is a great story.Over the last 20 years many insurance companies have changed their names, it is difficult to keep track of it - we have summarise these changes (and the ones already this year) below for you.
June 2020 Monthly Newsletter
This month, we are all about KiwiSaver. There have been some recent changes in KiwiSaver legislation, not the least of which means that if you are aged between 18 & 65 you will receive a Retirement Balance Projection on your KiwiSaver statement this year.We have covered this information in this newsletter, in particular, outlining what assumptions those projections are based on - it is important to understand how these assumptions will impact on the information in your statement.We have also provided some information from Chapman Tripp on changes to New Zealand legislation that will allow 'lost' Australian Superannuation to eventually be brought back to New Zealand KiwiSaver investments, and a comment on people changing the risk profile of their KiwiSaver around the bottom of the markets with the recent Coronavirus Crisis.
May 2020 Monthly Newsletter
This is a newsletter that was sent out on Monday May 11th 2020, to Moneyworks Financial Planning and Investment Clients that we work with on an ongoing basis. It has quite a lot of interesting information, so we thought we would share it with you this month.It has been a long time since the start of 2020.
Now that we can see the light at the end of the tunnel with our Level 2 lockdown being available from Thursday 14th May, we thought that this was a good time to review where we have been, where we are now and what might be happening ahead, particularly as it relates to your investments.
We feel that with all the uncertainty and turmoil we have seen both in New Zealand and around the world in recent times, we should also be thankful that New Zealand (to date) has acted quickly and responsibly and we have avoided the worst of what we have seen in other parts of the world. We have a real opportunity to come out of lockdown quickly and get out of our bubbles and back to work.
At Moneyworks, we intend to support local businesses and markets hit hard by the Covid-19 virus, like travel. We can all do this by buying locally and holidaying in New Zealand as much as we can.
Although the reasons for the recent chaos in financial markets is quite different from what we have seen in the past, the volatility is not, we have been here before on many occasions and each time have come out the other side.
If you would like to discuss your investments, what is happening with them, whether we should be making any changes, contact your adviser as usual on firstname.lastname@example.org, or at their email address.
April 2020 Monthly Newsletter
Even with the world turned upside down with Covid-19, the 31st March end of tax year still applies. In this newsletter, we have outlined the things that you should be thinking about in terms of your tax.
Covid-19 and your insurance premiums
If your financial situation has been impacted from Covid-19 and lockdown, and you are struggling with paying your insurance premiums, each insurer that we deal with has an option for you to put your insurance premiums on hold. Please note however, that for some insurers, they have decided that while your premium is on hold, you will have no insurance cover. The rules are different for each company.
If you would like more information on putting your insurance premiums on hold for a month or two – please email us at
Covid-19 Special Newsletter - what about your KiwiSaver and Insurance and what can you get from the Government package?
We are proud of our Government and the people of New Zealand for the actions that we are taking to prevent deaths from Covid-19 in New Zealand. It is going to be an interesting 4 weeks (or more), lots of new experiences within our homes with our family.
Many people have found themselves with financial stressors as their work has ended - particularly if their work is involved in people facing work and they are unable to work from home.
This newsletter is to highlight in one place the resources available to you and your family and friends - to make sure that you are able to take advantage of the Government assistance.
We have also put in some notes where relevant about the things to consider with your financial planning.
March 2020 Monthly Newsletter
This month we are focussing on investments, investment strategies and recent market fluctuations, with three articles.
February 2020 Monthly Newsletter
Dart Throwing monkeys? This is based on a random theory that dart throwing monkeys can actually do better than active managers, but the research doesn't stack up. Read more below.
IRD is cracking down on Airbnb tax payers this year (using technology) . We are also looking at how 'fast fashion' is not great for the environment.
January 2020 Monthly Newsletter
Happy New Year, the start of the new decade, hopefully it is a great one for you.
This month a few relevant items that we thought you should know about, they won't all apply to you, but might be relevant for someone that you know.