The Financial Services Council surveyed 2,000 New Zealanders in March 2020 and found those people that had received financial advice had 4% better investment returns and had 3.7% higher savings than those who hadn’t. To quantify what 4% better investment returns...
Beware of the hidden fees charged by banks While banks often disclose for overseas money transfers a transaction fee, what is not disclosed is the exchange rate margin that is used. This is the hidden fee. The exchange rate margin used by banks can be as high as 2 to...
