Blog: Learning & Development
Stay up to date with the latest news and happenings with the Lifetime blog. A library of thought-provoking articles to inform and enlighten on all things loans, insurance, investments and planning.
What do travel and retirement planning have in common? At first glance not much, however, whilst visiting the UK recently I was reminded of this saying at the London Tube stations – “mind the gap”. Most visitors to London have heard the words “mind the gap” when travelling on the tube.More
Two of the country’s fastest growing financial advisory firms, Lifetime Group Limited and Camelot NZ Limited, today announced a merger that would make the combined operation one of New Zealand’s largest full service financial services companies.
In psychology (the science of mind and behaviour) and decision theory, loss aversion refers to people’s tendency to prefer avoiding losses rather than acquiring equivalent gains. Some studies have suggested that loss aversion is twice as powerful, psychologically, as gains.
Money often appears to be a taboo subject in relationships, it can be the catalyst for unhealthy discussions and frequently blamed for fractured partnerships. What if both parties could sit and make a Financial plan for their joint goals assisted with the help of a Financial Adviser?
When you analyse the habits of those considered financially successful, you start to see trends in their everyday behaviour, Julian Lingard says.
1. They keep learning
Once they’ve identified areas in which they want to gain wealth, they start educating themselves in those fields.
Invest in your self-knowledge by reading the relevant books, following the right bloggers and spokespeople, and keeping up to date with policy changes in the news. A lot of websites in New Zealand even send daily or weekly updates to your mailbox. There are tons of resources out there (although it’s important to first check their credibility) that will help educate your financial decisions.
By international standards, both National and Labour-led Governments appear relatively centralist, without large policy differences. While a Labour-led Government, may tend to be more fiscally liberal (willing to spend more) than a National-led Government, relative to global alternatives, the New Zealand economy is still likely to be considered relatively low risk, regardless of which party is in power.
Lifetime Group is hardly recognisable from the organisation it was 12 months ago. With a completely refreshed management team, ambitious new strategic direction and an industry first training platform, Lifetime’s new world order is now well in play.