A fresh new Britannia

We’re all about helping our clients plan for a great retirement and we’ve kick-started 2019 with some exciting developments that will help us do just that.

In February we ran a series of complimentary seminars called ‘Retiring your risk to live better in retirement’ across New Zealand talking with around 100 clients about all aspects of retirement planning. The feedback we received was overwhelmingly positive with clients commenting that it was incredibly informative and helped them get clarity about planning for their retirement. We will run more seminars throughout the year, so if you think you might be interested read on for a snippet of what was covered and information about how to register your interest.

We also launched our new website so it’s easier than ever to find out about your investment and the wide range of financial services we offer.

Last but by no means least, Louise Parker has joined us as a financial adviser. She’ll be helping clients understand their investment options, to make their savings last and their retirements more enjoyable.  We’ll tell you more about Louise in our next issue of Money Matters but in the meantime, we’ve asked her to share some information about the seminars.

The purpose was to encourage people to start thinking about and planning for their retirement, discuss some of the things they should be thinking about and provide practical options to help them achieve the retirement they want. Key questions that were covered included:

  • Will your savings last as long as you do?
  • When is the right time to liquidate assets and gain access to funds?
  • How much income will you need to live comfortably in retirement?

The graph below was presented to the audience to illustrate what’s known as ‘The income gap.’  This is the gap that exists between what people need or want in retirement and how much of that is funded by New Zealand Super. The figures below have been sourced from Massey University’s Retirement Expenditure Guidelines 2017 and are based on the average fortnightly expenditure for a couple in retirement and how much is funded by New Zealand Super.

Live Better in Retirement

With many people unsure how much income they will need in retirement, guest speaker Liz Koh recommended that they “try before they buy.” This concept means to try living on your retirement income while you are still working to see if you can afford the lifestyle you want in retirement.

Most guests agreed they had not given much thought to their retirement and were glad they went.”

If you’re interested in attending a future event, email us at team@britanniafinancial.co.nz and we will put you on the list. In the meantime, if you have any questions please get in touch with your adviser.


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Product Disclosure Statements for the Britannia Retirement Scheme and the Integral Master Trust are available from the schemes’ issuer, Britannia Financial Services Limited, phone 0800 500 811. Britannia Financial Services Limited is a Registered Financial Service Provider.

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