Recent
News

Recent global events, including the current situation in the Middle East, have resulted in increased volatility in financial markets across the world, including New Zealand. For most of us this has meant a decrease in the value of investments including KiwiSaver. It’s understandable that seeing our investment balances drop can be worrying, however, it pays to remember, periods like this are a normal part of investing – the market is constantly moving up and down and up again.

Each year, as we move into autumn, we usually see a noticeable rise in home insurance claims, particularly those caused by burst pipes and unexpected water damage. The good news is that many of these claims are preventable.

You’re looking to purchase a new home and need a mortgage so it’s obvious—you just drop into the bank you’ve always used and ask for a home loan, right? No. Just hang on a second. While many borrowers instinctively turn to their bank when taking out a home loan, there is another way. Working with a mortgage adviser from an independent company such as Futurisk can mean significant advantages.

In New Zealand, ACC provides excellent support for a wide range of injuries. However, it may not cover every expense, and the financial impact of an injury can still be significant. That’s where Accidental Injury Cover (also known as Specific Injury Cover) comes in — offering a valuable layer of protection to help ease the burden.

If your business relies on liability insurance (and most do), there are some important regulatory changes you need to know about. It’s particularly important to note the changes to statutory liability. Under recent Resource Management Act (RMA) updates, fines have increased significantly, and soon it will not be possible to insure against them. This is a significant shift for businesses that previously relied on insurance to cover regulatory penalties.

Good Advice Matters Good news! Interest rates are finally starting to ease. That means, many Kiwi mortgage-holders are asking whether now is the right time to restructure, re-fix, or refinance their home loans. While lower rates can offer the opportunity to reduce your monthly repayments or pay off your mortgage faster, navigating the options isn’t always straightforward.