Financial Literacy

FMA Calls on Kiwis To Check Their KiwiSaver Accounts

FMA Calls on Kiwis To Check Their KiwiSaver Accounts In a campaign announced on June 25, the Financial Markets Authority (FMA) and the Retirement Commission called on KiwiSaver members to actively review their annual statements to see if they are on track for their retirement savings goals. With individual KiwiSaver member statements being sent out

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Case study: What to do when the bank says ‘No’…

Case study: What to do when the bank says ‘No’… The situation… Bank declines couple’s request to continue paying interest-only on a portion of their lending, as they had reached the maximum interest-only period. With the couple facing a significant rise in mortgage repayments after interest rate hikes over the previous 5-years, Threefold helps the

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Helping Your Children Buy Their First Home

Helping Your Children Buy Their First Home The New Zealand property market has seen significant changes recently. While property prices have been high, recent data suggests a potential cooling in some areas, which coupled with an expectation that interest rates will fall over the next twelve months, provides opportunities for first-time buyers.   Despite interest

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