Taking control of your financial wellbeing can have cascading positive impacts for your life and it can also be fun. With the help of the team at Kiwi Wealth, we’ve compiled some simple tricks for balancing your books in 2021. There’s something about the beginning of a new year, especially after the decadence of the … Read more
With a $1.3 million seed round now under its belt, New Zealand startup Yabble is looking to help everyday consumers get fairly rewarded for their data by shaking up the way information gets bought and sold. Data is a powerful resource in today’s economy. Managed well, it can help businesses get ahead by giving consumers … Read more
Jonathan Cotton looks at where the government is getting all the money to pay for the Covid-19 recovery, and where that debt is taking us. New Zealand is borrowing huge amounts of money to get us through the Covid-19 crisis. But borrowing what? From whom? And how will we pay it back? Perhaps even more … Read more
Despite the economic downturn, recent months have seen more everyday New Zealanders investing their money than ever before. But why? What with all the financial uncertainty of Covid-19, it’s a surprise anyone would choose a national lockdown as the time to start investing. But that’s exactly what 24-year-old Hanoz* did back in March. Stuck at … Read more
A new report measuring New Zealanders’ financial wellbeing highlights how key sectors of our population are feeling stressed over money, and how Covid-19 has made that worse. Money can’t buy happiness, but it sure can help. After all, it’s what puts food on the table, a roof over our heads, and the power to buy … Read more
In the third part of our series with Kiwibank answering your questions about Covid-19’s impact on New Zealanders’ finances, two readers at different ends of their saving journeys ask what to do with their KiwiSaver account. Melissa Vasta, Kiwi Wealth GM retail and product, responds. Hi Melissa, My KiwiSaver ‘growth’ fund has been pummeled in … Read more
Answering hundreds of calls a day from anxious KiwiSaver investors, Kiwi Wealth’s head of customer services Matt Beach paints a picture of how some New Zealanders are handling the Covid-19 downturn. For essential services everywhere, from supermarkets to gas stations to toilet paper manufacturers, the overriding message of the lockdown has always been the same: … Read more
From early beginnings as a boutique wealth management firm to being a major player in KiwiSaver, the journey of Kiwi Wealth has seen some things change and others stay the same. Alex Braae charts their history. A very simple sign once hung at Kiwi Wealth, the wealth management firm that emerged out of Gareth Morgan … Read more
What is a managed fund and how does it work? We’re here to answer all your questions and more. Let’s start with the basics: what even is a managed fund? As the name suggests, a managed fund is an investment fund that’s taken care of by a team of experts. When you put money into … Read more