Changes to KiwiSaver are big news in the industry, but to understand these terms and their importance, it requires a quick history lesson.
With interest rates at their lowest levels in living memory and a government that seems determined to try to break New Zealanders’ love affair with property, I have noticed a significant increase...
I have some sympathy for our Government as it tries to slow our overheated domestic property market.
One of the interesting observations about the Covid-19 pandemic is how quickly the public can be educated about very scientific concepts.
As 2020 draws to a close, I thought it would be helpful to reflect on the year that was, and what specific financial lessons Covid-19 has taught us.
The announcement on August 26 that the Bonus Bonds Scheme would immediately stop taking new investments and completely close on October 31 came as a surprise for many retail investors.
Although its origin is debated, the first use of the term "paradigm shift" apparently occurred in the 1960s.
Along with other commentators, I have previously lamented the fact that the majority of the $57 billion held in KiwiSaver funds has been invested without financial advice.
A few months ago I met with a friend who is a successful accountant and business adviser.
In last month’s column, I discussed the self-inflicted harm that often occurs when we allow external factors, that are completely beyond our control, to influence our thinking.
I like to start the year by encouraging readers to review and refresh their financial goals for the coming year but I have been distracted.
As we approach the festive season and look forward to spending time in the company of family and friends, the events caused by the eruption of Whakaari-White Island seem all the more tragic.
With New Zealand interest rates at their lowest level in 50 years, I am seeing an increasing number of retired clients that are looking for better returns than are available from bank term deposits.
Apparently, our ability to see patterns is one of the mental shortcuts that evolution has imprinted upon our brains.
Since the release of the Tax Working Group's report last month the media has been rife with speculation on what the implications of a capital gains tax (CGT) might be.
In the aftermath of the GFC and our own particular variant, the finance company collapses, the Government was under pressure to improve industry regulation and enable investors to make more informed decisions.
It has been mentioned in these columns several times over the past few years that investors should adopt a long-term view in investing.
I have mentioned before in these columns the Foreign and Colonial Investment Trust. It is a very large fund of 2.2 billion, listed on the London Stock Exchange and dual listed on the New Zealand Stock Exchange.
Over the past week several economists have commented that "now is a good time to fix mortgage rates". I found this recommendation puzzling and was a little sceptical in that the banks have a vested interest.
The drift of the post-war "baby-boomers" into retirement is under way. Are you ready for retirement?