Weekly Wrap: Educating the younger generation
Good Returns ran a story during the week outlining work being led by the Retirement Commission to improve the level of financial literacy in New Zealand. I am sure most readers would agree with me that this is critical. What is important is teaching kids at school about the value of money and it is heartening to see things are happening here. I look at this as being one of those public education campaigns, where we have to look for changes in the younger generations.
Tax seems to be a highly topical issue as advisers and investors get their heads around how to implement changes that came into effect a year ago. As it is the first time they have been used for annual returns there appears to be some differing views on how they work. This story, from earlier in the week, is one take on things. Since we published this piece Good Returns has had quite a bit of feedback from readers. An update will be provided next week and in ASSET Magazine.
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Outside, inside out disclosure The introduction of disclosure statements (DS) is something I have watched with more than a little interest. [more]
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