Ella Somers
Latest articles
The Retirement Commission wants the Government to implement a higher default KiwiSaver contribution rate and require employer contributions for over 65s and under 18s
13th Jun 24, 12:33pm
by Ella Somers
59
The Retirement Commission wants the Government to implement a higher default KiwiSaver contribution rate and require employer contributions for over 65s and under 18s
Revenue and Climate Change Minister Simon Watts eyes capital and funding opportunities in climate change, with energy and emissions high on that list
13th Jun 24, 5:00am
by Ella Somers
17
Revenue and Climate Change Minister Simon Watts eyes capital and funding opportunities in climate change, with energy and emissions high on that list
Minister of Climate Change Simon Watts says the future success and resilience of New Zealand and its economy will be determined by how the Government prepares for climate change impacts
12th Jun 24, 10:22am
by Ella Somers
42
Minister of Climate Change Simon Watts says the future success and resilience of New Zealand and its economy will be determined by how the Government prepares for climate change impacts
Commerce Commission says motorists are being charged an extra $15 million annually due to 'rockets and feathers' petrol pricing and wants fuel companies to drop their prices after the Auckland Regional Fuel Tax goes in July
11th Jun 24, 11:23am
by Ella Somers
9
Commerce Commission says motorists are being charged an extra $15 million annually due to 'rockets and feathers' petrol pricing and wants fuel companies to drop their prices after the Auckland Regional Fuel Tax goes in July
Investment platform Kernel Wealth aims to reach $6 billion in funds under management by 2028 after ticking over $1 billion
10th Jun 24, 2:15pm
by Ella Somers
5
Investment platform Kernel Wealth aims to reach $6 billion in funds under management by 2028 after ticking over $1 billion
Toka Tū Ake EQC secures a record $9.2 billion in reinsurance coverage, almost $1 billion more than last year's reinsurance cover
6th Jun 24, 5:00am
by Ella Somers
5
Toka Tū Ake EQC secures a record $9.2 billion in reinsurance coverage, almost $1 billion more than last year's reinsurance cover
Financial Services Council announces Kirk Hope as its new Chief Executive from September
5th Jun 24, 10:46am
by Ella Somers
Financial Services Council announces Kirk Hope as its new Chief Executive from September
Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
5th Jun 24, 5:00am
by Ella Somers
6
Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
Overseas Investment Office eyes decision on the NZ$410 million sale of Suncorp’s Asteron Life to Resolution Life by early July
4th Jun 24, 9:28am
by Ella Somers
2
Overseas Investment Office eyes decision on the NZ$410 million sale of Suncorp’s Asteron Life to Resolution Life by early July
Financial Markets Authority finds promising initial response from financial advice providers towards new regime but says there are some ‘gaps’ that could affect customer outcomes
30th May 24, 5:00am
by Ella Somers
4
Financial Markets Authority finds promising initial response from financial advice providers towards new regime but says there are some ‘gaps’ that could affect customer outcomes
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
29th May 24, 5:00am
by Ella Somers
7
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
28th May 24, 10:04am
by Ella Somers
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
25th May 24, 9:30am
by Ella Somers
14
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
No improvement to gender savings gap when it comes to KiwiSaver balances, says Retirement Commission as new research finds men have 25% more than women in their KiwiSaver on average
22nd May 24, 2:36pm
by Ella Somers
29
No improvement to gender savings gap when it comes to KiwiSaver balances, says Retirement Commission as new research finds men have 25% more than women in their KiwiSaver on average
KiwiSaver early withdrawals for home ownership fall while financial hardship withdrawals continue to rise as people withdraw $160 million from their KiwiSaver in April
22nd May 24, 8:30am
by Ella Somers
16
KiwiSaver early withdrawals for home ownership fall while financial hardship withdrawals continue to rise as people withdraw $160 million from their KiwiSaver in April
Financial advisory firm National Capital says women are facing $61 billion shortfall in KiwiSaver funds compared to men by retirement
21st May 24, 5:00am
by Ella Somers
19
Financial advisory firm National Capital says women are facing $61 billion shortfall in KiwiSaver funds compared to men by retirement
Seek says job ad numbers down 30% year-on-year in April while the number of applications per job ad rose almost 100%
21st May 24, 12:01am
by Ella Somers
75
Seek says job ad numbers down 30% year-on-year in April while the number of applications per job ad rose almost 100%
Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
17th May 24, 5:00am
by Ella Somers
4
Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
The Warehouse Group says it can’t see how the Commerce Commission ‘can be satisfied’ with Foodstuffs merger on the table
14th May 24, 1:27pm
by Ella Somers
8
The Warehouse Group says it can’t see how the Commerce Commission ‘can be satisfied’ with Foodstuffs merger on the table
The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines
11th May 24, 9:00am
by Ella Somers
13
The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines
Minister of Commerce and Consumer Affairs Andrew Bayly wants new Contracts of Insurance Bill to find the right balance between protecting consumers and giving the insurance industry certainty
10th May 24, 2:41pm
by Ella Somers
1
Minister of Commerce and Consumer Affairs Andrew Bayly wants new Contracts of Insurance Bill to find the right balance between protecting consumers and giving the insurance industry certainty
As car insurance premiums continue rising, significantly for some people, is insurance becoming unaffordable?
10th May 24, 10:09am
by Ella Somers
12
As car insurance premiums continue rising, significantly for some people, is insurance becoming unaffordable?
Fisher Funds chief executive Simon Power says KiwiSaver is a 'really important part of the economic outlook' and he would be interested in a KiwiSaver review
9th May 24, 4:44pm
by Ella Somers
6
Fisher Funds chief executive Simon Power says KiwiSaver is a 'really important part of the economic outlook' and he would be interested in a KiwiSaver review
IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
9th May 24, 10:14am
by Ella Somers
46
IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
8th May 24, 12:07pm
by Ella Somers
42
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests