Cranfield Blog

Jun 02 // Posted June 2nd, 2010  // 0 comments // add yours

As we have mentioned on numerous occasions Life Insurance Premiums are going to be going up on 1st July. The best indication of how much the tax change will affect premiums is by looking at how much Level Life Insurance premiums will be going up.

Asteron and ING have both indicated 20% increases for Level Life Insurance products taken out after 1st July

Continue reading "Life Insurance Premiums going Up"

Apr 29 // Posted April 29th, 2010  // 0 comments // add yours

Asteron has closed its $33 million KiwiSaver fund and is recommending its 6200 investors transfer their money to the scheme run by Grosvenor

souced from Good Returns (www.goodreturns.co.nz) Thursday, April 29th 2010, 4:03PM

by David Chaplin

The closure of Asteron's KiwiSaver scheme, flagged by Good Returns a fortnight ago, marks the third provider to shut up shop after the Australian-owned EoSaver and union fund IRIS...

Mar 29 // Posted March 29th, 2010  // 0 comments // add yours

Life Insurance Premiums are going up - act now to avoid the increase

 

 

As of 1st July 2010, changes to...

Oct 08 // Posted October 8th, 2009  // 0 comments // add yours

Sourced from Financial Alert http://www.financialalert.co.nz
by Robert Huebscher

The Lehman bankruptcy was the nadir of a financial crisis brought on by excessive risk-taking throughout the investment industry. Sometimes, however, the problem is not too much risk, but too little. Indeed, research confirms that individuals are hard-wired to avoid certain...

Jul 16 // Posted July 16th, 2009  // 1 comments // add yours

Australia and New Zealand today signed a memorandum of understanding that paves the way for a new scheme that will allow transfers of retirement saving between certain Australian superannuation funds and New Zealand KiwiSaver funds. The scheme is expected to be in place by mid-2010. Whilst there are differences between the two countries tax treatment on savings and also the age in which you can access your funds alot of...

Jul 16 // Posted July 16th, 2009  // 1 comments // add yours

People are often confused about what Health Insurance should cover or what they are currently cover for so hopefully this article shed some light upon it for you.

The base option of the current policies offered by the main Health Insurers:   AIA, ING, Southern...

Jul 08 // Posted July 8th, 2009  // 0 comments // add yours

Talks to free up billions of dollars of New Zealanders' assets tied up in Australian superannuation accounts are set to take place next week.

Finance Minister Bill English will meet Australian Treasurer Wayne Swan in Brisbane on July 16 to discuss the portability of retirement savings between New Zealand and Australia.

Currently when New Zealanders work in Australia and move back across the Tasman their compulsory retirement savings are left...

Jun 08 // Posted June 8th, 2009  // 0 comments // add yours

Marcus  has attained the Certified Financial Planner CFPCM. designation in May 2009 which is an internationally recognised qualification and is seen predominately as the highest education level that someone in our industry can achieve. Currently there are around 400 Certified Financial Planners in New Zealand so this shows what a great achievement this is.

To achieve the (CFP) qualification Marcus...

Apr 30 // Posted April 30th, 2009  // 0 comments // add yours

As if investors didn't have enough to worry about, concerns about another flu pandemic - swine flu in this case - are now causing concerns globally following deaths in Mexico and it's spreading to various parts of the world. Global sharemarkets have been rattled by concerns about its economic impact. While a flu pandemic - were it to eventuate - would first and foremost be a...

Apr 01 // Posted April 1st, 2009  // 0 comments // add yours

How long to fix a mortgage? The pros and cons 

Page 1 of 2  11:45AM Wednesday Apr 01, 2009

ASB bank economists have today published their latest home loan rates report, written before Bollard's announcement this morning.

Future cuts in the Official Cash Rate are expected they say, "but they will be more modest in size." Short-term mortgage rates should remain...

Continue reading "How long to fix a mortgage ?"

Mar 19 // Posted March 19th, 2009  // 0 comments // add yours

Grosvenor has topped the superannuation firms sector in the National Business Review’s Exciting Companies Series Awards, beating out some leading fund managers such as Milford Asset Management, AMP, Fidelity, Fisher Funds, ING and others.

The following factors have lead to Grosvenor being deemed a...

Mar 10 // Posted March 10th, 2009  // 0 comments // add yours

Oct 02 // Posted October 2nd, 2008  // 0 comments // add yours

The experts say it's extremely unlikely that a New Zealand bank or its Australian parent will fail.

"The finance company sector was our sub-prime market - that's the analogy," said Mark Lister, head of research at investment and broking house ABN Amro.

"So we've had that - that low quality part of the banking and lending market has already collapsed."

The BNZ's general manager of strategy and marketing, Blair Vernon,...

Continue reading "Update on US Situation"

Sep 05 // Posted September 5th, 2008  // 0 comments // add yours

Rather than I rave on about the need for income protection - have a read of this tragic story. If the father had owned an income protection policy then he most likely could have kept servicing the mortgage and stopped the mortgagee sale of his house. Income protection will pay up to 75% of your salary after a stand down period and up to the age of 70 if you...

Continue reading "Why you need Income Protection"

Aug 11 // Posted August 11th, 2008  // 0 comments // add yours

Camelot tries for credibility in troubled sector

By ROB STOCK - Sunday Star Times | Sunday, 10 August 2008

With the reputation of financial advisers at an all-time low, a new national advice chain launches this week hoping to convince investors that it embodies the codes of duty and honour of King Arthur's Knights of the Round Table.

Camelot combines 11 financial planning firms dotted around the country with more...