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Ella Somers

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Member for

1 year 3 months

Latest articles

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
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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
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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
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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
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
7th May 24, 2:40pm
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KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
Foodstuffs North Island and Foodstuffs South Island say proposed merger ‘isn’t capable’ of hindering grocery competition, others beg to differ
4th May 24, 9:01am
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Foodstuffs North Island and Foodstuffs South Island say proposed merger ‘isn’t capable’ of hindering grocery competition, others beg to differ
Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
2nd May 24, 7:36pm
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Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
1st May 24, 3:56pm
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Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
Unemployment rate climbed to 4.3% in the March quarter from 4%, just exceeding the Reserve Bank’s expectations
1st May 24, 10:56am
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Unemployment rate climbed to 4.3% in the March quarter from 4%, just exceeding the Reserve Bank’s expectations
[updated]
KiwiSaver financial hardship withdrawals hit an all-time high of $29.3 million in March, while first home withdrawals jumped to $143.7 million
30th Apr 24, 12:31pm
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KiwiSaver financial hardship withdrawals hit an all-time high of $29.3 million in March, while first home withdrawals jumped to $143.7 million
The RBNZ says dwelling insurance ‘is becoming more risk-based’ and owners of higher-risk properties may find insurance increasingly unaffordable
29th Apr 24, 3:56pm
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The RBNZ says dwelling insurance ‘is becoming more risk-based’ and owners of higher-risk properties may find insurance increasingly unaffordable
Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
28th Apr 24, 6:01am
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Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data