Q&As: Steer clear of foreign exchange trading; Pensioner should also steer clear of finance companies offering high interest; How you can avoid partial assets sales shares in KiwiSaver; Not saying “I told you so” about investing in gold; Buying a home still a good idea for couple in late 40s.
Q&As: Two readers warn about trying to control children’s inheritances; Do adult children expect an inheritance these days?; A bit of confusion over KiwiSaver and tax; Two readers’ ideas on rethinking student loans.
Q&As: Are Mighty River Power shares a sure thing?; Is it good to get the kids into Mighty River Power?; What to do when a trustee brother gets all the power.
Q&As: You can be regarded as being in a de facto relationship even if you don’t live together; Accountant gives bad advice on joining KiwiSaver; Paying extra off the mortgage versus saving outside KiwiSaver; 2 Q&As about young man who is NZ tax resident but still pays interest on his student loan; Reader’s student loan idea might work — depending on family dynamics.
Q&As: 2 readers tell of struggles for overseas students repaying student loans; Another reader explains why he let his student children run up loans and then helped to repay them; Confusion over changes to KiwiSaver employer contributions; Will a pre-nuptial agreement do the trick?; Can a parent draw up a Section 21 agreement for their adult child?
Q&As: Your KiwiSaver account won’t always grow, if you’re not contributing; Inland Revenue sticks to its guns about employer obligations around KiwiSaver; 2 Q&As about trusts set up to protect inheritances from relationship property claims; Some thoughts about relationship property problems, including help with difficult conversations.
KiwiSaver about to move into high gear. KiwiSaver — which has lurched around a few sharp bends in its short life — is about to shift up a gear. From April 1, the minimum employee and employer contributions will both rise from 2 to 3 per cent of pay.
Q&As: What happens if new employer doesn’t take KiwiSaver contributions out of your pay; Property relationship idea not as good as it seems; How one reader contracted out of the Property Relationships Act.
Q&As: Relationship property — when does the clock start ticking?; One way — plus a few others — that a mother could protect her daughter’s inheritance; Trusts not so cheap to set up; Should people get access to their money when KiwiSaver changes?
Q&As: Interest-only mortgages have major flaws; Another — good — approach to reverse mortgages; Are the banks ripping us off with reverse mortgages?; Spending certainly didn’t decrease for this new retiree; KiwiSaver contributions flexible.