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It is official – many of us could live beyond age 90. A recent research report published by the Imperial College of London (ICL) in collaboration with the World Health Organisation (WHO) has identified that South Korean women will be the first to have an average life expectancy that exceeds 90. The report indicates that this trend of prolonging life is expected to continue as more... Read more Read more

The Reserve Bank of New Zealand’s Monetary Policy Statement (MPS) is always closely reviewed by Milestone financial advisers. The MPS is a quarterly assessment by our Reserve Bank of what they believe is happening in NZ, internationally, and the impact upon our financial stability. The February 2017 MPS signals a ‘steady as she goes’ approach for the remainder... Read more Read more

Investment scams can happen to anyone. They’re often very sophisticated. The people involved sound credible and the websites look very professional, usually including testimonials from other investors. It can be hard to tell a scam apart from a genuine investment opportunity. What to look out for The Financial Markets Authority (FMA) advises that an 'investment' is likely to be... Read more Read more

2016 saw New Zealand named the world’s best place to live as ranked by the Legatum Prosperity Index. This has now been followed by the Credit Suisse Global Wealth Report that ranks New Zealanders the fifth richest people in the world. New Zealand has leapfrogged the UK, Singapore and Belgium to be fifth. The Swiss remain the world’s wealthiest at $US562,000 total household wealth, ahead... Read more Read more

2016 was a roller coaster year for the financial markets. Things went up, but also down, and as a result it was not a stellar year for investment portfolios. The world was fixated by Brexit and the US presidential elections. The markets held their breath as we moved into uncharted territory. There is bound to be longer term fall out from these two major events, but for us in New Zealand... Read more Read more