Savings and Investments

The key to your financially comfortable retirement

Putting money away for the future is a key part of preparing for your retirement and achieving goals.

The most important part is getting that money working for you.  There are many things that you have take into account when you are making those investments decisions including, but not limited to:

1. How are you going to make money out of the investment?

2. How are you going to take money out of the investment? This is particularly important for 'locked in' investment schemes like syndicated property trusts and for residential investment property.

3. What is the after tax potential return? Your tax rate is likely to change when you stop working, and you should take this into account in your calculations.

4. What is the after inflation and fees potential return?  You need to take into account whether your investment return after tax, fees and inflation is a positive number.

Building or Renovation insurance - who is responsible?

Is it you or is it me? Who covers what when it comes to renovating or building? Is it the Owner or the Builder? This is a question that is often raised late in the piece when considering buildingRead more

The Sky City Fire - who will pay the bill?

The Deconstruction of a Fire At 1:15pm, Tuesday 22nd October a fire broke out on the roof of the New Zealand International Convention Centre in Auckland. Close to 100  construction workers were onRead more

Rental income - new ring-fencing rules

The rules for reporting rental income have changed from the 2019-2020 income year.  This means that you can’t offset losses on your rental properties against other income and new rules apply toRead more

Enduring Power of Attorney - why you need to put them in place

These documents are often associated with ‘old’ people, who are losing their mental capacity.  And yes, we agree, having Enduring Powers of Attorney in place are very important at that stage ofRead more

Using an adviser adds more than 5% to a client's portfolio

Research recently carried out in New Zealand by Russell Investments, recently confirmed the findings in the USA and Australia, that using an adviser can add 5.2% pa to a clients portfolio returns.Read more

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 hasRead more

Sole Trader vs Company?  What should I do? (with thanks to Beany)

Our support team at Beany are asked this question frequently so if you've ever wondered....... The short summary is that if you are a Beany client there is very little additional cost and 3 keyRead more

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 theRead more

Renting a vehicle and insurance issues

Read more

Permanent or Temporary Loss of your Capital

Read more

More changes for rental property owners and tenants

On 27th August 2019 - more changes were introduced for Landlords and Tenants - but these didn't seem to have as much publicity as the 'warm and healthy homes' changes but are important. TheseRead more

Walking the Talk - Moneyworks new Wellness Coach and Mobile Fitness Trainer - Sally Mellor

When we meet with our clients we spend most of our time talking about what has happened in the last year, and how clients are going in terms of reaching their goals.  One of the main goals for ourRead more
 

This product has been added to your cart

CHECKOUT