Financial Literacy
What would constitute a fantastic outcome for BNZ CEO Dan Huggins, ASB CEO Vittoria Shortt on the human toll of having too much debt & other tales from a bank CEO discussion
16th Oct 24, 4:45pm
17
What would constitute a fantastic outcome for BNZ CEO Dan Huggins, ASB CEO Vittoria Shortt on the human toll of having too much debt & other tales from a bank CEO discussion
Technology lawyer Andrew Dentice urges more discussion on the services open banking enables, and less on the technology behind it
20th Apr 24, 9:31am
16
Technology lawyer Andrew Dentice urges more discussion on the services open banking enables, and less on the technology behind it
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
31st Aug 23, 1:45pm
1
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
Stephen Agnew argues that financial education has its limits, meaning if we want New Zealanders to be better with money, we need to start at home
28th Aug 23, 11:00am
15
Stephen Agnew argues that financial education has its limits, meaning if we want New Zealanders to be better with money, we need to start at home
Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'
1st Jun 23, 11:46am
8
Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'
New research by the Financial Services Council shows many people have little ready cash if things go wrong
3rd May 23, 10:26am
78
New research by the Financial Services Council shows many people have little ready cash if things go wrong
Bomikazi Zeka outlines seven ways to show whether you're on the path to financial literacy
28th Mar 23, 9:52am
37
Bomikazi Zeka outlines seven ways to show whether you're on the path to financial literacy
KPMG shines spotlight on how the COVID-19 crisis has brought a lack of financial resilience to the fore, suggesting a need for greater financial planning
3rd Jul 20, 10:29am
12
KPMG shines spotlight on how the COVID-19 crisis has brought a lack of financial resilience to the fore, suggesting a need for greater financial planning
David Hargreaves ponders the unanswerable question of how much money is desirable for a comfortable retirement
11th Feb 19, 1:54pm
68
David Hargreaves ponders the unanswerable question of how much money is desirable for a comfortable retirement
A lack of ability to assess financial costs and benefits seems to be behind most people choosing a credit card that isn't right for them. Optimism bias is at work here too
10th Oct 18, 1:53pm
10
A lack of ability to assess financial costs and benefits seems to be behind most people choosing a credit card that isn't right for them. Optimism bias is at work here too
A PSA on PIRs: Check you're paying the right amount of tax on your KiwiSaver, especially if your income's changed recently
13th Sep 18, 5:09pm
2
A PSA on PIRs: Check you're paying the right amount of tax on your KiwiSaver, especially if your income's changed recently
David Hargreaves says the problem of KiwiSaver funds being effectively under-invested needs fixing quickly
19th Jul 18, 8:41am
67
David Hargreaves says the problem of KiwiSaver funds being effectively under-invested needs fixing quickly
Some 10 years after the finance company sector meltdown New Zealanders are still displaying an alarming naivety in the world of investment, David Hargreaves says
13th Jul 18, 8:46am
42
Some 10 years after the finance company sector meltdown New Zealanders are still displaying an alarming naivety in the world of investment, David Hargreaves says
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
22nd Mar 18, 1:17pm
4
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
Jenesa Jeram argues that rather than focusing on the flaws of individuals, governments might do better to explore their own behavioural biases towards retirement savings
19th Mar 18, 9:43am
25
Jenesa Jeram argues that rather than focusing on the flaws of individuals, governments might do better to explore their own behavioural biases towards retirement savings
The RBNZ says its Dashboard allowing depositors to compare 'like-for-like' financial information on banks may improve financial literacy among retail investors
26th Feb 18, 11:33am
33
The RBNZ says its Dashboard allowing depositors to compare 'like-for-like' financial information on banks may improve financial literacy among retail investors
FMA puts KiwiSaver funds side-by-side to illustrate whether investors are getting bang for their buck; KiwiSaver providers unapologetic for charging the fees they do, saying investment is needed to provide quality advice
21st Nov 17, 7:36am
30
FMA puts KiwiSaver funds side-by-side to illustrate whether investors are getting bang for their buck; KiwiSaver providers unapologetic for charging the fees they do, saying investment is needed to provide quality advice
FMA survey finds more than 60% of bond investors know their interest rates and maturity dates, yet only 38% understand bonds aren’t guaranteed
17th Aug 17, 6:02am
9
FMA survey finds more than 60% of bond investors know their interest rates and maturity dates, yet only 38% understand bonds aren’t guaranteed
KiwiSaver providers will soon be made to start disclosing their members' projected retirement savings and incomes; Commerce and Consumer Affairs Minister announces rule despite banks issuing warnings over move
8th Jun 17, 7:40am
11
KiwiSaver providers will soon be made to start disclosing their members' projected retirement savings and incomes; Commerce and Consumer Affairs Minister announces rule despite banks issuing warnings over move
FMA report highlights financial advice inequality and raises questions around breadth of financial advice on offer to even those who can afford it
27th Mar 17, 3:37pm
4
FMA report highlights financial advice inequality and raises questions around breadth of financial advice on offer to even those who can afford it
ANZ, Simplicity and the Grattan Institute debate whether more transparency will force KiwiSaver providers to cut their fees more aggressively
10th Oct 16, 12:02pm
12
ANZ, Simplicity and the Grattan Institute debate whether more transparency will force KiwiSaver providers to cut their fees more aggressively
Sovereign boss suggests the reviewed Financial Advisers Act could spark the creation of large multidisciplinary financial advice firms
14th Jul 16, 8:59am
5
Sovereign boss suggests the reviewed Financial Advisers Act could spark the creation of large multidisciplinary financial advice firms
Reviewed Financial Advisers Act to see consumers' interests put first, disclosure requirements beefed up, adviser categories simplified, and the path paved for robo-advice
13th Jul 16, 5:00am
7
Reviewed Financial Advisers Act to see consumers' interests put first, disclosure requirements beefed up, adviser categories simplified, and the path paved for robo-advice
FMA backs public call for KiwiSaver providers to be more upfront in disclosing the dollar value you're charged in fees and what you're tracking to get when you retire
6th Jul 16, 12:36pm
5
FMA backs public call for KiwiSaver providers to be more upfront in disclosing the dollar value you're charged in fees and what you're tracking to get when you retire
Jenée Tibshraeny warns Gen Yers not to be lured into shifting their KiwiSaver to their banks due to convenience alone; urges non-bank providers to up their game in the digital department
5th May 16, 7:39am
20
Jenée Tibshraeny warns Gen Yers not to be lured into shifting their KiwiSaver to their banks due to convenience alone; urges non-bank providers to up their game in the digital department