Money and You - Breaking through the advice barrier

1 min read
December 2, 2020

New research has revealed that despite a booming property market forcing many of us to take on record levels of debt, making financial advice more important than ever before, most New Zealanders are missing out on the benefits of it.

 

The third and final part in the Financial Services Council’s Money and You research series - ‘Breaking through the Advice Barrier’ - focuses on what is stopping people from getting financial advice, and why it’s important that more New Zealanders have access to it.

Read the media release.

Read the research report.

Watch the recording of the research launch event.

For all media enquiries, please contact:

Richard Klipin
Chief Executive Officer
Financial Services Council of New Zealand 021 0233 5414 or richard.klipin@fsc.org.nz

About the research

The research was conducted via an online survey developed and hosted by CoreData. Data was collected between 12 March and 20 March 2020. A total of 2,000 valid complete responses were collected, which formed the basis of the analysis and the report.

The sample is representative of the New Zealand consumer population in terms of age, gender and income based on the latest Stats NZ data.

The purpose of this survey was to understand how financially prepared New Zealanders are.