Richard Klipin
New Zealanders worried sick about money - survey
Half of New Zealanders are worrying themselves sick about money, according to a new survey. Younger Kiwis are disproportionately affected: 64 per cent of respondents aged 37 or below worry about… Audio
Insurance companies strict on genetic testing - Financial Services Council
The head of the Financial Services Council says providers would never ask a person to get a DNA test before approving their medical insurance. A study released last week found genetic discrimination… Audio
Midday Business News for 13 April 2023
Increasing numbers of households have their backs to the financial wall according to a new survey.
Gyles Beckford has the Business News. Audio
Tax expert on government KiwiSaver fees tax backdown
'Take your hand out of the cookie jar' was the public backlash to the government's proposed GST tax on KiwiSaver accounts.
This led to the proposed bill - which would have netted it hundreds of… Audio
Finanical Services Council criticises possible Kiwisaver change
The government plans to charge GST on top of Kiwisaver fees - as part of a tax bill introduced to Parliament.
It's estimated to bring in $225 million a year in tax from 2026, and is expected to have… Audio
The Panel with Nalini Baruch and Andrew Clay (Part 2)
Panellists Nalini Baruch and Andrew Clay discuss the New South Wales lockdown with a Kiwi living in Sydney, growing support for mandatory Kiwisaver, the closure of Farry's menswear store, and facial… Audio
Most Kiwis under 37 worry about money
Seventy seven percent of New Zealanders under age thirty seven regularly worry about money.
Financial Services Council, which tracks financial confidence, has found Gen X and Baby Boomers are also… Audio
KiwiSaver shows resilience despite trying times
It's been a trying year for the KiwiSaver scheme, with the global onset of Covid-19 causing economic uncertainty. But the Financial Services Council has released a report showing KiwiSaver has… Audio
A third of Kiwis don't have adequate savings
New Zealanders aren't great at saving for a rainy day and the rainy day is here.
That's the verdict of the Financial Services Council who have surveyed 2000 people in the first of a three-part… Audio
Consumers reminded of life insurance importance amid scrutiny
The life insurance industry is urging consumers to stick with it amid extra regulatory pressure. Audio
Most people have no savings or insurance for short-term loss
Most people are gambling against personal loss, with inadequate savings and no insurance, according to study. Audio
Calls for changes to KiwiSaver
The finance industry is calling for changes to the KiwiSaver scheme to improve the returns, the management of funds, and long term future of retirement savings. Audio
New code supports consumers in finance sector
The financial services industry is promising to put consumers at the centre of its dealings .. and is adopting a new code of conduct to make sure it does. Audio
Insurers respond to report that incentives bad for clients
The Financial Markets Authority says insurance companies are offering their agents incentives that could leave clients worse off. In a report it says nine life and health insurance companies spent $34… Audio
Survey backs higher KiwiSaver payouts
Support is growing for some significant changes to the KiwiSaver scheme to strengthen and encourage saving for retirement. Audio
Kiwisaver turns a decade old
The government's retirement savings scheme, Kiwisaver, is now a decade old. There are now more than 2.7 million members and it has savings of more than 41 billion dollars. But that's not enough for… Audio