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News
The $2,000 Retirement Budget: $615,000 Without Social Security, $37,000 With the Average Check
7+ hour, 5+ min ago (194+ words) TechStock²...
Savers in bank deposits are not sharing in higher rates
7+ hour, 52+ min ago (628+ words) Despite the Reserve Bank wanting them to, banks are not raising their term deposit rates. At least, not significantly. On Monday Kiwibank raised its six month and one year rates by five basis points (bps). Tiny occasional shifts are the…...
Letters to the Editor: Some pensioners penalised for paying into occupational pension
8+ hour, 6+ min ago (1192+ words) People receiving the State pension and a modest occupational pension can lose both a medical card and access to important home-energy supports. Picture: iStock I have written to environment minister Darragh O’Brien asking him to review an unfair anomaly in…...
Job hunters ignoring ‘silent pay rise’ of generous employer pensions
8+ hour, 29+ min ago (619+ words) Fewer than one in three working adults view employer pension contributions as a top priority when deciding on a new job offer, according to research from Which?. Just 31 per cent of respondents ranked employer pension payments among their top three…...
Auto-enrolment brings jump in private pension numbers – but widespread worries remain
8+ hour, 27+ min ago (453+ words) The number of people with private pensions has risen significantly over the past year, but less than half believe they will be able to afford a good standard of living in retirement, new research from the Competition and Consumer Protection…...
Seven groups most 'at risk' from state pension age rise now underway
13+ hour, 21+ min ago (474+ words) The Work and Pensions Committee has set out the seven groups most affected by the age rise. The state pension age rise is well underway and this month another set of would-be pensioners have been hit with a delay to…...
American Retirees Hesitate to Spend Savings Over Fear of Depletion
19+ hour, 3+ min ago (658+ words) A growing number of American retirees are finding it difficult to spend their accumulated nest eggs after decades of continuous saving. Financial planners report that fear of running out of money prevents many older adults from utilizing their funds. According…...
The Complete Guide to UK Emergency Savings and Income Protection
12+ hour, 33+ min ago (1377+ words) Financial resilience in the UK is being quietly tested. On one side, saving habits are improving. On the other, very few households are genuinely prepared for the risk of losing their income. In 2026, the average UK adult's monthly savings rose…...
Silver Holds Steady Locally Despite a 2.6% Weekly Decline in Global Prices
13+ hour, 13+ min ago (509+ words) Marsad Al Dahab reported that silver prices in the Egyptian market remained broadly stable during the week ending Friday, despite a 2.6% decline in the global silver price, as a stronger US dollar and rising Treasury yields increased expectations of an…...
How Millennials Making $60K Are Becoming Millionaires
9+ hour, 32+ min ago (429+ words) Becoming a millennial millionaire: Impossible dream or very attainable goal? Despite many people assuming that the path to significant wealth is attained only via inheritance, stock picks on par with the foresight of Nostradamus or a lottery windfall, there are…...