Investments
Global equities and fixed income markets posted positive returns in November, driven by the strong performance of US share markets following Donald Trump's decisive victory.
In October, both stocks and bonds lost value. However, US stocks did better than international stocks and emerging market stocks.
During the month, the US Federal Reserve (Fed) lowered interest rates by 0.5% due to weaker economic data, which included modest growth in non- farm jobs and a limited number of job openings.
Scheme news
Cyber Smart Week is a yearly event that highlights the significance of online security and motivates New Zealanders to take proactive measures.
As Implementation Investment Manager, BT Funds Management (NZ) Limited (BTNZ) is responsible for the management of the investments comprising.
Tom Reeves is an associate at Westpac on the Fixed Income Trading Desk.
Financial planning
Compound interest is an important concept in the financial world. In simple words, it means that you earn interest on your principal amount as well as on the interest earned from the principal amount.
What are your retirement goals? The concept of retirement means different things to different people.
Retirement savings are important for the future as it is always good to have a pool of funds in case of an uncalled-for event like a health condition or expenses related to your house or car.