News | Personal Finance
29 Mar 2024 1:43
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/

    © 2024 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
    The Crusaders' struggles to start Super Rugby have drawn concern from Chiefs coach Clayton McMillan More...


    BUSINESS BUSINESS
    The Government's made a new pay offer to Police More...



     Today's News

    Business:
    The Government's made a new pay offer to Police 21:57

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17

    Accident and Emergency:
    State Highway One is has now reopened between Kaikoura and Riverlands - after a two-vehicle collision at Kekerengu, north of Kaikoura, this morning 21:17

    International:
    Shopper swallowed as shopping mall floor collapses in eastern China 21:07

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Law and Order:
    A person has died following an incident at a restaurant in Auckland's Browns Bay 20:27

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53


     News Search






    Power Search


    © 2024 New Zealand City Ltd