New Zealanders don't have enough life insurance: FSC

New Zealanders don't have enough life insurance: FSC
Jenny Ruth
A growing number of New Zealanders believe the population has less life insurance than it needs, according to industry research.In a survey for the Financial Services Council conducted last year, 71 percent said people are under-insured, up from 59 percent in a similar survey conducted in 2011, although the FSC said the change is only indicative because the methodology and sample sizes of the earlier research were different.The survey found 62 percent of the 2,061 respondents said they didn't have life insurance while another 9 percent said the...

More Finance

ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024
Consumers agree on what constitutes fairness: FMA
Finance

Consumers agree on what constitutes fairness: FMA

NZ consumers have a remarkably consistent understanding of fairness, research finds.

Tom Raynel 18 Jul 2024