Welcome to our September 2024 Manager’s Perspective. Each month, InvestNow reaches out to selected investment managers with questions about our monthly theme. This month, we’ve asked Harbour Asset Management and Pie Funds to share their insights on how tax implications influence investment decisions. You’ll find our questions and their expert responses below.
Article written by InvestNow – 11th September 2024
We recently surveyed our customers and were surprised to see that 38% of respondents don’t know what taxes apply to their investments.
The survey, which we ran last month, showed a startling lack of awareness or consideration of how tax impacted the performance of their investments.
Only 30% of respondents said they knew the types of taxes that applied to some of their investments but […]
Article written by Anthony Edmonds – 17th June 2024
I’ve heard a few times recently where financial advisers have said they don’t take tax into account when making investment recommendations.
I find this really odd.
In designing any portfolio your objective is to provide future funding to pay future liabilities, or in other words, expenses. Given that you can only use after-tax dollars to pay for things, taking tax into account when designing investment […]
Article written by InvestNow – 22nd May 2024
One of the first tips any adviser will give to someone investing for retirement is to ‘start early’. The sooner you start, the more you’ll earn and the bigger your nest egg will be.
But how much bigger exactly? And what are the barriers that stop people investing early?
We ran three scenarios to figure out how much money someone would have by the time they reached […]
Article written by InvestNow – 6th May 2024
It’s cybersecurity week, and to support investors staying alert online, InvestNow GM Mike Heath offers his best tips for avoiding investment scams in today’s environment.
In 2024, it’s vital any investor – or anyone at all – takes a vigilant approach to protecting themselves from scams.
MBIE figures show New Zealanders lost nearly $200 million to scams in the last year, and the FMA […]
Article written by Anthony Edmonds – 24 April 2024
According to the Financial Markets Authority (FMA), New Zealanders made around 500,000 individual changes to their KiwiSaver investments last financial year. While changing your KiwiSaver investment approach is theoretically free, the snail pace at which it happens can result in some significant costs to investors.
There are two main ways people make changes to their KiwiSaver investments:
Article written by InvestNow – 29th February 2024
A shockwave is due to roll over New Zealand trusts in just a few weeks, adding on average more than $22,000 to the annual tax bill of the estimated 44,250 trusts caught in its wake – unless they take action now.
Due to come into force on April 1, the well-signalled jump in the trustee tax rate from 33% […]
Article written by InvestNow – 1st February 2024
Whenever you invest into overseas assets, the value of those assets in New Zealand dollar terms is influenced by the combined impact of:
Article written by InvestNow – 17 January 2024
“Buy low, sell high” is the standard advice for generating capital returns on investment assets, however, this advice doesn’t provide practical guidance on how to actually spot the ideal buying and selling opportunities.
In today’s fast-moving and increasingly volatile market, it’s a full-time job attempting to time the market, and even still it’s a mighty difficult task that even the experts get […]
Article written by InvestNow – 22 November 2023
Investors need to think carefully about the best place to park their lazy money as interest rates rise well above neutral and drive up nominal returns for cash.
We asked InvestNow founder, Anthony Edmonds, to explain his journey to managed cash PIE funds, as his preferred solution to getting the best value from his […]
