KiwiSaver, the central pillar of our country's retirement savings system, has been hit with the biggest challenge of its 13-year life, after a long period of sustained high returns and buoyant world sharemarkets.
Times of volatility and big market swings are bringing out a lot of different emotions in New Zealand investors. Thousands of people have lost their jobs, whole sectors of the economy – aviation, tourism, hospitality and retail have taken a massive hit. So is this a good time to start thinking about investing in shares? Gillian Boyes, Investor Capability Manager at the FMA provides her thoughts.
Covid-19 has got a lot of us thinking about insurance. Am I covered if I lose my job? What happens if I can’t afford to pay my premiums?
The FMA has been thinking about these things too. Uppermost in our mind is ensuring that insurers are treating their customers fairly. Clare Bolingford, Director of Banking and Insurance at the FMA talks about what we expect from the insurance industry.
This International Women’s Day, we talk to Alexandra Lipski, founder of Closing The Gap, which aims to get more women into investing. Alex is a keen investor herself, and was luckily keen to share some of her experiences and tips with us.
KiwiSaver providers have been good at developing apps and online dashboards that help us easily check our balances. That’s all great when balances are rising, but it also means we get a box seat view when they fall, or flatline for a period.
So what’s the right thing to do? Gillian Boyes, Investor Capability Manager at the FMA talks about navigating the market in volatile times on this page.