Foxplan – 1996 – 2016 We celebrate 20 years – through some difficult times together. Over the last 20 years there have been many influential events which have not only had an impact positively or negatively on our company, but also events which have seriously impacted on our clients. We have survived and flourished. In

With rent around NZ increasing up to 23.5% in the last 5 years(stats here), more and more young professionals are considering the alternative of buying their 1st home instead of continuing to pay higher costs. Besides why pay someone else’s mortgage when you can start paying for your own? But how can KiwiSaver help with

For those of us that live on the Kapiti Coast the M2PP (Mackays to Peka Peka) highway development is providing an evolving and exciting spectacle. For the 20 years we have commuted the congestion has alternated between choke points at various critical stages. Paremata, Pukerua Bay, Mackays crossing, Paraparaumu, Waikanae, Otaki. Huge earthworks, bridges /

“Smart-beta” is an investment style that follows an index and is designed to take advantage of the markets systematic performance biases. Passive fund managers and exchange traded funds fill this domain. Growth stocks versus value stocks. Large versus small. “Alpha-generating” investments are the domain of active fund managers who are looking to exceed their own

Some years ago the directors of Financial Service Brokers were entertained in the offices of a well-known Wellington based finance company. The offices palatial, the view over a particularly beautiful Wellington harbour magnificent, and the food, sumptuous. We had come to the notice of ‘suppliers’. Finance company debentures were becoming more main stream as part

They came in their thousands to cup week in Melbourne, via planes, trains, automobiles and helicopters. Beautifully coiffured, elegantly adorned and topped with feathers, fascinators and milliners’ creative designs – the girls of course. But none achieved the adoration assigned to Michelle Payne, the little battler from Ballarat. The youngest of 10 children whose family

Issues There are three major concerns for this generation. Income, Health and Time. Each a symptom of habits and behaviours of the previous 40 years. As Baby Boomers advance towards more time and less money are there things which can be done to enhance or improve lifestyle options over the next 30 to 40 years?

Often when setting up a mortgage structure, people are focused to the interest rate. This is very important, but even more important, is the actual repayment amount and the rate of repayment. The actual repayment amount must fit inside of your household budget and it must work for you. Ideally it must be a figure

This can change from time to time, but generally most banks criteria for deposits are determined by the amount of deposit you are putting down on a purchase. If it’s a 5% deposit you are putting in, the banks will want to know that the money is wholly yours and that you have saved it

Need to knows: Most banks default to 30 year mortgage term, meaning that if you only pay the minimum fortnightly or monthly repayment on the mortgage, it will take you 30 years to pay off the whole loan. The problem with this is that at today’s interest rates and average house prices, if you take