FinCap welcomes the Financial Markets (Conduct of Institutions) Amendment Bill and especially the incoming requirement that banks and insurers consider how their conduct could challenge the wellbeing of those unable to pay. Ruth Smithers is the Chief Executive of FinCap, an organisation supporting around 900 community...
FinCap welcomes the Government’s ongoing support for financial mentoring services in Aotearoa. The commitment to 21 million dollars (see page 144) over the next two years for financial mentors who are currently funded by the Ministry of Social Development means that these leaders in our communities...
What is 'A Day in the Life'? FinCap is running the ‘A Day in the Life’ programme as part of our partnership with New Zealand Bankers’ Association (NZBA). The aim of this project is to provide senior decision-makers in government, the banking sector and other stakeholders with...
What’s the difference between a quantity surveyor and a financial mentor? “In commercial construction, a calculation error can be the end of your career,” says former senior financial mentor Iain Davies (pictured above). Iain clocked up 10 years working for his West Auckland community at CARE Waitakere,...
In a world where women are still struggling to meet the same level of financial wellbeing as men, one woman from Paeroa has been able to exceed these expectations for her whānau. Paeroa Budgeting Services – part of the Paeroa Community Support Trust (PCST) – have...
FinCap welcomes the Government’s ongoing commitment to safe lending. Laws requiring all lenders to have robust processes to only sell suitable and affordable loans will continue to prevent harm in our communities. This morning Minister Clark announced some practical updates that focus lenders by further clarifying...
On Tuesday 8 March ActionStation, Christians Against Poverty (CAP), Citizens Advice Bureau (CAB), Debtfix, FinCap, Good Shepherd NZ, Muaūpoko Tribal Authority, New Zealand Council of Trade Unions - Te Kauae Kaimahi (NZCTU), Ngā Tāngata Microfinance and The Salvation Army sent a joint letter to all...
In July, Tauranga Budget Advisory Services will celebrate 50 years of supporting the financial well-being of people from Katikati to Otamarakau. Although they have been a pillar of support for the Bay of Plenty community for half a century, they have remained agile. Tauranga Budget Advisory...
There is a couple the team at Financial Mentoring Service (Budget Advisory Service Whakatane Inc) (pictured above) have been supporting for a few years – but they are still to be seen at the service in 2022. While this may often be a cause for concern,...
Financial mentors are working together with other organisations in their communities as the whānau they support are facing increasingly complex issues. A survey of financial mentors late last year looked to identify the impact of COVID-19 on the workload of financial mentors and on the whānau...