Investments
In March, investors who remained optimistic were rewarded as stock markets continued to rise despite an increase in US inflation for the second consecutive month and a slowdown in consumer spending.
February was a remarkable month, with strong economic data and positive earnings reports leading to the Standard and Poor’s 500 (a stock market index that tracks the performance of 500 large-cap U.S)
Global equity markets[1] rebounded from the previous quarter and returned 9.8% over the December quarter.
Scheme news
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.
What inspired you to get into customer service? I have been in client-facing roles for the last decade and always felt like it is a natural fit for me, as I love talking to people.
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.