Smelling a Rat

The media has many stories to tell of banks and advisers not acting in their client’s best interests. It is a shame as people who could benefit from planning and Investment advice are understandably reluctant to trust those who can help improve their financial future....

Beyond Term Deposits

In May, the Reserve Bank lowered the official cash rate to a record low of 1.5%. They signalled a possible further drop to 1.25% and an expectation that the inflation target point will increase to 2%. Over the past 10 years inflation has averaged approx. 1.5% The...

Caution urged on large-scale gifting

ODT Column by Pete Smith:  Gift duty was abolished on October 1 and according to the legal profession the advice is “do not rush” into larger-scale gifting, read the reasons why. Download the full...