CFFC (Commission for Financial Capability) surveyed 3132 New Zealanders between January to June 2020. They used questions from an OECD toolkit to measure understanding of financial concepts such as interest, inflation, and risk diversification. Only 22% of all respondents answered all questions correctly, and only half as many women as men answered all questions correctly.
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Why women need to start talking Finance and Life Insurance
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Five Life Insurance Myths - Busted
There are lots of excuses we use to delay getting around to sorting out our life insurance. A recent survey of our customers indicated most people took around six months to decide to get it sorted! That’s a long time when the actual process could take as little as 10 minutes. Some of the reasons given for procrastinating are touted as fact when they have no truth to them at all. We break down these myths and give you the facts.
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What's a life insurance claims rate and why should you care?
Research conducted by Pinnacle uncovered a cynicism about life insurers and claims payments. We put minds to rest and explain our 99.3% claims rate statistic.
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What is Whole of Life, Cash Value and Level Premium insurance?
Because of the long-term nature of life insurance, some older style policies are still active. And, when you ask your parents or older people for advice about cover, they might talk about kinds of policies that are no longer available. What are they and why not?
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Women less confident than men in finance - AND in sport
It seems it's not just finance where young women fall behind their male counterparts; it's sport too. Sport NZ announced a new campaign this week to encourage young women to get and stay active - #itsmymove. It aims to engage sector leaders, parents and young women in motivating and supporting young women in the world of sport and recreation.
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Operation London Bridge - A Plan Fit for a Queen
With the recent death of Queen Elizabeth II, “Operation London Bridge” came into effect. The death of a British monarch is not an everyday occurrence, so when it does happen there has to be a plan. Operation London Bridge is that plan.