How to Bridge the Retirement Savings Gap For New Zealand’s growing self-employed workforce (which is estimated to be more than 420,000 people, including tradies, contractors, healthcare workers, creative freelancers, consultants, and gig workers), the challenge of saving for retirement looks very different from that of employees. A new report from the Retirement Commission highlights that […]
Why The Lowest Rate Doesn’t Always Equal The Biggest Savings Over the past 12 months, the Official Cash Rate (OCR) in New Zealand has been steadily dropping. That’s good news for borrowers, because it’s flowed through to lower interest rates across most fixed terms. It means many households now have the opportunity to lock in […]
How a little extra can cut years off your loan and save you thousands in interest With interest rates having eased over the last 12-months, it’s understandable that many of us are wondering whether now’s the time to enjoy a bit of breathing room on repayments. But there’s a smarter opportunity worth considering. When your […]
Did you know that many New Zealanders are entitled to claim under their insurance policies and don’t even realise it? One of the most commonly overlooked benefits is the Accidental Injury clause (also known as a Specific Injury benefit) found in many mortgage or income protection policies – or available as a stand-alone benefit. Because […]
We’re excited to announce that Luke Snedden has returned to Threefold, joining us once again as a Financial Adviser in our mortgage team. With over a decade of experience in mortgage lending and financial advice, Luke brings a wealth of knowledge and a genuine passion for helping clients make smart, confident financial decisions. Luke originally […]
The Government’s latest Budget introduced some major changes to KiwiSaver aimed at helping New Zealanders grow their retirement savings, while also reducing the fiscal cost of the scheme. With updates to contribution rates, government incentives, and eligibility rules, these adjustments will impact millions of New Zealanders saving for their future. Key Changes to KiwiSaver What […]
When we hear and read about market volatility, it is perfectly normal to feel a little nervous. When we consider why there is so much volatility we only need to look towards the USA and the looming threat of global trade wars. The other main concern is that the USA looks to be heading into […]
Building your dream home is an exciting journey, but it requires a solid financial plan to bring your vision to life. For many Kiwis, construction loans offer the flexibility and funding needed to turn their dream into a reality. In this article, we’ll explore how construction loans work, their risks, and how to get started. […]
