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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
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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
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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
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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
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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
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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
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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
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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
by Guest
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
Canterbury earthquake insurance lessons yet to be put into practice, as people continue to be stumped by their insurers
24th Sep 15, 2:32pm
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Canterbury earthquake insurance lessons yet to be put into practice, as people continue to be stumped by their insurers
Elizabeth Davies on financial literacy for felons, stock rustling, organs and cash, financial abuse, KiwiSaver and pocket money, the Sallies and housing, and more
27th Mar 15, 11:24am
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Elizabeth Davies on financial literacy for felons, stock rustling, organs and cash, financial abuse, KiwiSaver and pocket money, the Sallies and housing, and more
The NZ Initiative's Jason Krupp questions whether the Commission for Financial Capability is gender blind
25th Feb 15, 8:00am
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The NZ Initiative's Jason Krupp questions whether the Commission for Financial Capability is gender blind
Westpac, Massey University question whether young people are as financially savvy as they apparently think they are
20th Jan 15, 4:14pm
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Westpac, Massey University question whether young people are as financially savvy as they apparently think they are
FMA boss Rob Everett, ANZ's John Body, Mary Holm and Martin Hawes discuss and debate investment risk
17th Oct 14, 12:47pm
by Guest
2
FMA boss Rob Everett, ANZ's John Body, Mary Holm and Martin Hawes discuss and debate investment risk
Government teams with BNZ, Salvation Army and others in community finance initiative
5th May 14, 11:16am
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Government teams with BNZ, Salvation Army and others in community finance initiative
Retail investors' understanding of risk and diversification still lacking, departing FMA boss says, wishing he had 'got out in the community more'
11th Dec 13, 2:55pm
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Retail investors' understanding of risk and diversification still lacking, departing FMA boss says, wishing he had 'got out in the community more'