Blog
Magellan Asset Management - Brexit Update
Posted in Savings on
Hamish Douglass discusses his thoughts around the Brexit development in a video update.
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Platinum Asset Management - Brexit Commentary
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The decision by the British people to withdraw from the European Union (EU) took markets by surprise. Yet, it did not occur in a vacuum. Britain's vote to leave the EU needs to be seen in the context of a confluence of global social and economic trends.
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KiwiSaver funds take a hit after Brexit
Posted in Kiwisaver on
Investors here are getting worried about what the Brexit could mean for investments like KiwiSaver. European markets slumped on Friday, but analysts in New Zealand say KiwiSaver is for the long-term, and investors should hang in there.
View moreTime to claim KiwiSaver tax credit
Posted in Kiwisaver on
It's nearly the end of June, so now is the time to claim $521 of extra money for your KiwiSaver account. It is called the Member Tax Credit. To get the extra $521.43 you need to be 18 or older and pay $1,042.86 into your account between July 1 and June 30 the following year. The Government will pay 50 cents for each dollar you put in, up to a maximum payment of $521.43.
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The ageing workforce of New Zealand
Posted in Retirement on
As our population is aging, so is our workforce. Five years ago 21 percent of our workforce was over the age of 65; by 2031 that will have increased to 31 percent. So how do we make the workplace more accepting of older workers and get rid of the stigma that they’re past their 'use by' date?
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1 in 3 Kiwis to work past retirement - help needed
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Don't tell Oscar-winning actor Christopher Walken he should retire. At 73, he's appeared in more than 100 films and TV shows that have grossed a total of more than $1.5bn at the box office. His latest turn is as King Louie in The Jungle Book and, in a recent interview with Rolling Stone, he said he wasn't sure that actors retire: "Actors are like athletes: you don't retire, you get retired."
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Dear people in your 20s and 30s, you'd better be preparing for retirement at 50.
Posted in Retirement on
Not because you want to retire early, but because you'll have to. There are three major trends that should signal what the latter half of your career may have in store for you.
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Aon - KiwiSaver Survey Report
Posted in Kiwisaver on
Aon Hewitt's latest comprehensive survey of KiwiSaver funds and KiwiSaver managers as at 31 March 2016 is now available. Not only was Generate the fastest growing KiwiSaver provider but Aon called the Generate Conservative Fund "the stand out performer" as the best performing fund accross all categories for the year to 31 March 2016!
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Mark Wilson discusses saving for retirement in New Zealand
Posted in Retirement, Savings on
Mark Wilson is the New Zealand-born Group Chief Executive Officer of the UK’s largest insurer Aviva. Mark shares some great suggestions on how New Zealanders can ensure they are well prepared for retirement.
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What young adults need to know about KiwiSaver
Posted in Kiwisaver on
It is anyone's guess what the world will look like in 40 years time - climate change might have made Earth uninhabitable or Donald Trump might have ended civilisation as we know it. Assuming neither of these catastrophic scenarios occur, you will need to have saved a sizeable chunk of money for your retirement. Even though retirement might be a long way away for you, a couple of smart decisions now could help you avoid having to live off baked beans when you're old. This is where KiwiSaver comes in.
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