Commission for Financial Capability - Latest News [Page 1]

Money Skills For Students More Important Than Ever Due To COVID-19 - Report

Wednesday, 18 November 2020, 11:48 am | Commission for Financial Capability

NCEA exams start this week but John Talaid isn’t stressed – he has almost all the credits he needs to gain Level 3 thanks partly to a course in financial education. The Year 13 student at Kelston Boys High School in Auckland plans to head to university ... More >>

Money Survey Exposes Gender Knowledge Gap

Thursday, 29 October 2020, 6:08 am | Commission for Financial Capability

Young women should be encouraged to care about money from a young age to help overcome a gender gap in financial knowledge, says Retirement Commissioner Jane Wrightson. Her comments come after a financial literacy survey showed only half as many women ... More >>

What Is NZ Super For? Purpose Of NZ’s Retirement Income System Defined

Wednesday, 21 October 2020, 8:16 am | Commission for Financial Capability

The first statement defining the purpose of New Zealand’s retirement income system has been released by Retirement Commissioner Jane Wrightson. New Zealand Superannuation and retirement savings plans such as KiwiSaver together form the retirement income ... More >>

Money Stress Causing Relationship Problems For 1 In 5 New Zealanders

Tuesday, 22 September 2020, 10:40 am | Commission for Financial Capability

A survey of more than 3000 New Zealanders by the Commission for Financial Capability (CFFC) found one in five people had relationship problems with partners, family or close friends due to financial concerns. The 18-34 age group reported the highest ... More >>

New Money Lessons In Te Reo Help Māori Students Gain NCEA

Tuesday, 15 September 2020, 10:35 am | Commission for Financial Capability

Māori secondary students are now on their way to gain credits toward NCEA by learning about money thanks to a new collection of learning materials developed by Te Ara Ahunga Ora, the Commission for Financial Capability (CFFC). The CFFC has launched ... More >>

COVID-19 May Be Helping Kiwis Become Better With Money

Monday, 10 August 2020, 8:25 am | Commission for Financial Capability

The financial impact of COVID-19 may have a silver lining in helping some New Zealanders become better with money. One group, however, is bucking the trend and showing signs of becoming worse. Research undertaken by the Commission for Financial Capability More >>

Retirement Village Loans To Residents Can Indicate Financial Need

Wednesday, 8 July 2020, 9:25 am | Commission for Financial Capability

A report by the government’s retirement village monitoring agency has found 40% of village operators provide loans to residents, but that there has been no significant increase in loans being sought. The loans generally cover shortfalls in entry payments ... More >>

New Money Lessons Help Students Gain NCEA

Tuesday, 23 June 2020, 11:44 am | Commission for Financial Capability

Secondary students can gain credits toward NCEA by learning about money thanks to a new collection of learning materials developed by the Commission for Financial Capability (CFFC). The CFFC has launched the resources through its Sorted in Schools ... More >>

Webinars Address Money Stress At Work

Thursday, 4 June 2020, 3:28 pm | Commission for Financial Capability

Employers providing financial education for their staff as they work from home are addressing the high rate of employees whose financial stress spills over into the workplace. A series of free webinars produced by the Commission for Financial Capability ... More >>

COVID-19 Exposing New Zealanders’ Financial Vulnerability

Wednesday, 27 May 2020, 7:01 am | Commission for Financial Capability

A survey on the impact of COVID-19 on New Zealanders’ financial wellbeing undertaken during Level 4 showed 34% of households were in difficulty and 40% were at risk of tipping into hardship. The survey of 3,000 New Zealanders across the last two weeks ... More >>

COVID-19 Sees Record Numbers Flock To Sorted For Financial Help

Wednesday, 13 May 2020, 11:35 am | Commission for Financial Capability

The financial effects of COVID-19 saw New Zealanders flock to the government’s money guidance service Sorted during lockdown. The sorted.org.nz website saw a four-year record in user numbers in April - more than 150,000. New users rose 26% compared ... More >>

Live Show To Address New Zealanders’ Money Worries

Wednesday, 6 May 2020, 4:32 pm | Commission for Financial Capability

Sorted and TVNZ have teamed up to produce a live programme to address New Zealanders’ money worries arising from the effects of COVID-19. Called My Money: What Now? the one-off show is designed as a unique broadcast learning experience based on Sorted’s ... More >>

Support For Government Protections Against Loan Sharks

Thursday, 30 April 2020, 3:10 pm | Commission for Financial Capability

Fast-tracked legislation to protect vulnerable consumers against predatory loan sharks will help prevent families being saddled with unmanageable debt during an already difficult time, says Retirement Commissioner Jane Wrightson. Wrightson heads ... More >>

Scam Warning For Online Shoppers Ahead Of Move To Level 3

Thursday, 23 April 2020, 10:28 am | Commission for Financial Capability

New Zealanders keen to get back to online shopping are being warned of scammers taking advantage of loosening restrictions with the move to Level 3. Fake shopping websites and phishing emails set up to steal personal information and credit card ... More >>

Surge In Visits To Sorted Reveals New Zealanders’ Money Worries

Wednesday, 8 April 2020, 9:35 am | Commission for Financial Capability

A sharp increase in use of the government’s money guidance service Sorted has revealed which topics are worrying New Zealanders the most during COVID-19. The most frequently asked questions through the website sorted.org.nz concern the type of ... More >>

Official Financial Services Ready To Help

Wednesday, 25 March 2020, 10:38 am | Commission for Financial Capability

New Zealanders worried about money due to the effects of coronavirus are urged to seek guidance through official government services Sorted and MoneyTalks. The Sorted website is run by the Commission for Financial Capability, headed by Retirement Commissioner ... More >>

First Home Buyers: How To Protect Your KiwiSaver From Coronavirus

Wednesday, 11 March 2020, 1:02 pm | Commission for Financial Capability

First home buyers planning to put their KiwiSaver funds toward a deposit in the near future should talk to their provider about whether to switch to a cash fund to protect their investment from a sharemarket made volatile by the effect of coronavirus. ... More >>

Retirement Village Monitor Checking Industry Preparation For Coronavirus Risk

Wednesday, 4 March 2020, 2:29 pm | Commission for Financial Capability

The risk of coronavirus spreading among independent residents of retirement villages is being addressed by organisations which oversee the industry. The Commission for Financial Capability (CFFC) has spoken with the Retirement Villages Association (RVA) ... More >>

Retirement Commissioner Supports Changes To KiwiSaver Default Funds

Sunday, 1 March 2020, 12:02 pm | Commission for Financial Capability

Changes to KiwiSaver default funds announced today by the Minister of Finance and the Minister of Commerce and Consumer Affairs respond to concerns raised by New Zealanders during the Review of Retirement Income Policies , says Retirement Commissioner Jane ... More >>

More Help For Consumers Around Retirement Village Rules

Friday, 21 February 2020, 10:11 am | Commission for Financial Capability

From 1 April two new sets of guidelines will help prospective residents of retirement villages and their families be clear about the financial implications of moving into a village, and transferring between independent living and care facilities on the ... More >>

 

 
 
 
 
 

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