WealthDesign

Actually, who wants independent financial advice, from an adviser who has experience plus the appropriate qualifications?  

There are some startling statistics coming to light.  Recently financial commentator David Chaplin found that independent financial advice is a ‘rare commodity.’  According to Chaplin’s research, only 325 Authorised Financial Advisers (AFAs), who are not owned by or affiliated to a financial institution, are left operating in New Zealand today.  

The belief that people need impartial advice is WealthDesign’s core philosophy.  We’ve turned down offers to be affiliated or linked to any one organisation in the past and will continue to do so, as we don’t believe that would be in our clients’ best interests.  We recommend the optimal product that will do the best job for our clients – end of story.

When you work alongside us, you’re in a ‘safe pair of hands.’  Phone for an appointment and we’ll show you how we can help.

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Over a decade ago official elective surgery waiting lists were abandoned.  At the time the official number of people waiting for surgery was 50,000.  

Research shows that right now there are 280,000 people who have been told they require some form of elective surgery, however of these, only 110,000 have been formally placed on a waiting list.  

 Even though that official number doubles the statistic from a decade ago, there are a further 170,000 people who are not on a waiting list because their issue isn’t perceived to be significant enough.

The fact is, there are no real private waiting lists.  Private patients are treated promptly, providing them with better health outcomes.  They can then get on with their lives.

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Having a regular review with your financial adviser really is worth the time.  We hear stories regularly of people who aren’t aware of what they can claim for on their insurance policy, and who could’ve claimed when they were diagnosed and treated for a serious health issue. 

We had a case recently where a client didn’t know they could make a trauma claim when they were diagnosed and treated for cancer.  This person hadn’t seen their previous adviser in an age and didn’t realise the cancer diagnosis and treatment was a legitimate trauma claim on their insurance.  Having had the claim processed and the money in their account at the time would’ve made life that much more bearable while going through a stressful and emotional time. 

You don’t have to know it all – just catch up with your adviser regularly – and let them do what they do do well!

Call us if you have a health issue – client or not, we’re happy to help you out.  

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Do you know everything that you are covered for under your health or trauma insurance policy? Often people have insurance policies that they religiously pay but don’t claim when they have the right to. Today’s health and trauma insurance policies are often very comprehensive.  Check your policy – you may just discover cover you didn’t know you had.

If you have a health issue, ring us.  We’ll check if you’re covered.

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As you will have all seen on the news, the government is changing the rules around drink driving. The limit has been lowered and now drivers face a ticket and demerits if over 50 milligrams of alcohol per 100 millilitres of blood. Over 80 the rules stay the same.

We have seen comments in the press such as “You certainly need to watch your alcohol consumption. But if you only have two or three bottles of beer after work, then you’ve got nothing to worry about.” These comments tends to give a false impression that it is ok to drink and drive.

One of the major unintended consequences to this law change is that we are going to see a number of car claims declined as the wording on most car insurance policies includes an “under the influence” clause.  You may find more claims declined now police will be recording if people have been drinking, not just if they are over the limit.

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