News | Personal Finance
18 Feb 2025 0:46
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business > Features > Personal Finance

    Communication key when selecting financial provider

    Sometimes when it comes to switching banks or choosing a KiwiSaver scheme it feels like you need a degree to make sense of what is happening to your money.


    That’s why it’s important to consider how your bank, insurer, investment company, or KiwiSaver provider will communicate with you before you sign on the dotted line.

    Clear and regular communication from your financial provider will ensure you make the best choices for your own circumstances and stay in control of your finances, as well as avoiding any unpleasant surprises.

    When shifting banks or KiwiSaver providers, check out how well they communicate. Visiting their website is a good first step. Does it have the kind of information you’re after and is it easy to understand?

    Find out how regularly the provider sends out statements and if you can access information about your account quickly and easily. If the information they supply isn’t clear, easy to understand and as regular as you would like, consider a different provider.

    Give them a call and see what their telephone communication is like – does it take them long to answer your call? Request some information be sent to you. How long does it take to arrive and do you understand it? If not, they probably aren’t right for you.

    Many financial organisations are striving to do a better job to communicate with investors and potential investors. Workplace Savings NZ has an annual industry awards programme to acknowledge organisations that are communicating well. The People's Choice KiwiSaver Award gives KiwiSaver members the opportunity to rate their provider’s communications from ‘very poor’ to ‘very good’.

    It's your chance to have your say about how well your KiwiSaver provider communicates. Voting opens from 1 November at the Workplace Savings New Zealand website: www.workplacesavings.org.nz/

    © 2025 NZCity

     Other Personal Finance News
     10 Sep: Spring clean your finances
     13 Aug: Plan ahead to give yourself a debt-free Christmas!
     10 Jul: Wise up to clear credit card debt
     07 May: Ways to prepare for the unexpected
     30 Mar: Time for a financial progress check
     10 Feb: Studying up on NZ Super
     10 Jan: Managing the back-to-school bills
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby CEO Mark Robinson believes Joe Schmidt won't be lost to Australian rugby when he steps down as head coach at the end of the Rugby Championship More...


    BUSINESS BUSINESS
    An economics expert says cutting the Official Cash Rate is unwarranted More...



     Today's News

    Accident and Emergency:
    Fire crews continue to battle a four-hectare fire in Port Waikato's Maunsell Road, that started in toe toe scrub 21:57

    Entertainment:
    Katie Price doesn't think she will make it to "be an old lady" 21:54

    International:
    Here's what we know about the accelerating Ukraine peace talks 21:47

    Entertainment:
    Katie Price has labelled men as her "downfall" in life 21:24

    Politics:
    The Prime Minister's dismissing possible disagreement between Education Minister Erica Stanford, and her Associate David Seymour 21:17

    Entertainment:
    Vanessa Lachey always reminds her husband Nick Lachey of their age gap 20:54

    International:
    Why we mourn childhood stages and how to not dwell in it 20:37

    International:
    Indonesia 'very worried' about foreign criminals after alleged assaults at Finns Beach Club in Bali 20:37

    Entertainment:
    Jennie Garth is "ready to leave" Los Angeles 20:24

    Entertainment:
    Beyonce's nephew Julez Smith wants to "protect" his younger family members 19:54


     News Search






    Power Search


    © 2025 New Zealand City Ltd