Everyone has a current financial plan
Knowing where you want to be, what success looks like for you, and making a plan to get there. That's the focus of the third National Strategy pillar - Plan, which aims to ensure everyone has a financial plan and is prepared for the unexpected.
For more information about Plan, please download the National Strategy document by clicking the image below.
The CFFC's award-winning Sorted website is a trusted resource that New Zealanders visited over 1.8 million times last year. Packed with information, calculators, and tools, including the KiwiSaver Fund Finder, Sorted helps New Zealanders to tackle debt, sort their everyday finances and plan for their future. Visit sorted.org.nz
June 2018 saw the Financial Market Authority (FMA) approve the first application to provide personalised digital advice – often referred to as robo-advice. Digital advice is automated advice generated by algorithms. Until now only people have been allowed to offer personalised financial advice. It’s hoped offering a digital option will make advice more accessible. The FMA’s website has a list of people and organisations who have been approved to offer personalised, digital, financial advice. Check out FMA’s licensing list here.
Aftermath of Fraud
To help fraud victims get their lives back on track, the ‘Aftermath of Fraud’ resource has been developed by CFFC and the Police. The resource is being widely distributed, including to banks, Age Concern, and organisations such as Probus, to support anyone affected by fraud. For more information click on this link.
Organisations of all shapes and sizes are joining Sorted Workplace to get their finances into good shape, which has the benefit of increasing overall wellbeing. For employers, that means less time off work and increased productivity. CFFC created the Sorted Workplace programmes so employers can get their staff up to speed with personal finance and money management. Running for between 4-10 weeks, employers select either an off-the-shelf option, or have the course tailored to their unique needs.