News | Personal Finance
21 Sep 2018 0:18
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business > Features > Personal Finance

    Communication key when selecting financial provider

    Sometimes when it comes to switching banks or choosing a KiwiSaver scheme it feels like you need a degree to make sense of what is happening to your money.


    That’s why it’s important to consider how your bank, insurer, investment company, or KiwiSaver provider will communicate with you before you sign on the dotted line.

    Clear and regular communication from your financial provider will ensure you make the best choices for your own circumstances and stay in control of your finances, as well as avoiding any unpleasant surprises.

    When shifting banks or KiwiSaver providers, check out how well they communicate. Visiting their website is a good first step. Does it have the kind of information you’re after and is it easy to understand?

    Find out how regularly the provider sends out statements and if you can access information about your account quickly and easily. If the information they supply isn’t clear, easy to understand and as regular as you would like, consider a different provider.

    Give them a call and see what their telephone communication is like – does it take them long to answer your call? Request some information be sent to you. How long does it take to arrive and do you understand it? If not, they probably aren’t right for you.

    Many financial organisations are striving to do a better job to communicate with investors and potential investors. Workplace Savings NZ has an annual industry awards programme to acknowledge organisations that are communicating well. The People's Choice KiwiSaver Award gives KiwiSaver members the opportunity to rate their provider’s communications from ‘very poor’ to ‘very good’.

    It's your chance to have your say about how well your KiwiSaver provider communicates. Voting opens from 1 November at the Workplace Savings New Zealand website: www.workplacesavings.org.nz/

    © 2018 NZCity


     Other Personal Finance News
     10 Sep: Spring clean your finances
     13 Aug: Plan ahead to give yourself a debt-free Christmas!
     10 Jul: Wise up to clear credit card debt
     07 May: Ways to prepare for the unexpected
     30 Mar: Time for a financial progress check
     10 Feb: Studying up on NZ Super
     10 Jan: Managing the back-to-school bills
     Top Stories

    RUGBY RUGBY
    Tiger Woods would like nothing more than a W to end his PGA Tour season More...


    BUSINESS BUSINESS
    Revised NT alcohol plan 'unfairly targets' licensed grocery store owners, representatives say More...



     Today's News

    Law and Order:
    A man has been arrested in relation to a fatal stabbing in Upper Hutt 21:57

    Entertainment:
    Michael Buble will take part in James Corden's 'Carpool Karaoke Stand Up To Cancer Special' 21:49

    Entertainment:
    Peter Dinklage found it "very sad" saying goodbye to 'Game of Thrones' 21:19

    Health & Safety:
    Researchers have found stress is the main cause behind teenage smoking and boredom is another factor 21:17

    Entertainment:
    Rachel Brosnahan feels like the "new kid at the party" after winning an Emmy Award 20:49

    Business:
    Revised NT alcohol plan 'unfairly targets' licensed grocery store owners, representatives say 20:47

    Entertainment:
    Matthew Rhys keeps expecting someone to ask for his Emmy Award back 20:19

    Entertainment:
    Justin Timberlake and Jessica Biel's son is "growing up" fast and has just started school 19:49

    Health & Safety:
    A Danish study has found Women who have a diet high in gluten during pregnancy could increase the risk of their children suffering from diabetes 19:27

    Entertainment:
    Bill Hader didn't expect to win an Emmy Award so didn't bother writing a speech 19:19


     News Search






    Power Search


    © 2018 New Zealand City Ltd