We are a specialised team serving the investment and insurance needs of health professionals since 2001.
MFAS has over 40 years combined experience in financial advising, through arguably the harshest investment decade (2000-2010) since the Great Depression. Practical experience and understanding loss drives us to ensure our clients investment strategy is tailored to their specific objectives. This individualised approach, combined with regularly measuring and reviewing your strategy to ensure you remain ontrack to achieve your goals, provides the confidence to remain invested through all market conditions.
Our service is tailored to your investment objectives and risk appetite so you can plan for success.
Hamish holds a LL.B and has specific prior experience with Trusts and Estate Planning.
MFAS advisers are Authorised Financial Advisers (AFA), Certified Financial Planners (CFPcm) and members of the Institute of Financial Advisers (IFA).
It is critical to build sufficient wealth over your working years to provide for your future. We will assist you in crystallising your financial objectives. From here we will agree a personalised strategy to achieve wealth accumulation based on your objectives. We are human and your objectives will likely change with evolivng circumstances. Your strategy is a living document tailored for you with flexibility and liquidity as key components. Progress is regularly measured and reported to ensure your targets are being met. No surprises! Your strategy is chosen on merit as the one that will serve you best. We have no supply requirement or commitment to any entity or organisation.
Congratulations for those that have accumulated wealth for retirement…..you have travelled half your journey and the return trip now begins! The change of focus from accumulating wealth to preserving and spending it through what may be a 25-30 year retirement period is a challenge. We provide you peace of mind by illustrating how long your funds will last at your chosen level of spending. You will have confidence to take that overseas trip, provide support to children or make extra donations to favourite charities, in full knowledge of how these actions affect your financial longevity. Your investment strategy is structured so funds can be drawn with confidence throughout any investment market situation.
There is nothing “romantic” about insurance. However, your ability to earn an income is probably your most important asset, and the consequences of a disability or extended illness that prevents you working could be devastating to the financial security of your family…...and your financial plan. Through consultation with our specialist independent broker MedSure you can be confident your insurance will provide cover that is necessary, effective and at the best price possible.
The amount you are likely to accumulate within KiwiSaver over your working life is substantial, and engaging with specialist advice is critical to ensure you maximise this opportunity. As there are many options available, it is essential you understand your KiwiSaver investment strategy and how this will contribute to your retirement objectives. We make sure you are with a scheme that will work for you and measure progress with you on a regular basis.
Any workplace scheme where your employer contributes funds to your retirement position provides an advantage that needs to be maximised. There is a range of Superannuation product out there, be it through National Provident, District Health Board offerings and other schemes. As amounts accumulated over time are likely to be substantial, this deserves your attention to detail. What was a suitable strategy at the commencement of your career is unlikely to be appropriate as you approach retirement age. Prudent selection and review of your Superannuation scheme provides opportunity to align outcomes with your specific needs. After many years serving our medical clientele, we are familiar with the schemes on offer, and can discuss advantages/disadvantages with you.
If you have worked overseas, you will likely have entitlement to an offshore pension. Detailed (and ever changing) rules apply in respect of taxation and transferrability. This is a complicated area and through years of practical experience we can assist you with an independent overview.
Your staff are an important asset for you. Recognising this, we provide workplace seminars advocating financial literacy to your employees (often integrated within a CPD programme). These sessions encourage your employees to make active financial decisions that will help them on their pathway to financial security. Subject matter encompasses the need to plan and save for retirement, the role of KiwiSaver and active decisions possible to achieve financial goals. We do not charge for these seminars. Content is generic and not self-serving. We believe it is important to spread the message to help as many as possible build a financial base that is relevant to them.
MFAS in conjunction with NZ Funds Management Ltd and NZMA provided an Investment Update and Why Now is the Time for Advice presentation.
Please contact us for a copy of the NZ Funds Managed Portfolio Service Product Disclosure Statement.
If you are a partner in a medical practice or looking to become a partner, then you need a good understanding of what risk protection (if any) your partnership agreement includes, as you need to ensure your personal insurances work in conjunction with cover afforded by the business.
We all need to have a good working relationship with the bank. Not only do banks provide core services so we can conduct our everyday transactions but also very few of us are in a position to buy a home or service business enterprises without support and finance options from a bank. We also need our banks to be profitable so there is stability in the supply of essential services.
At MFAS, we have recently extended our mortgage advice service and would like to introduce Ryan Amoore. While Ryan is new to our team, and despite his youthful appearance, he is a highly regarded mortgage broker and has already helped several of our clients into their new properties.
As we travel through 2018 with both domestic and US sharemarkets at all-time highs, it is worth asking the question: are we experiencing a sharemarket bubble? And if so what can we do about it?
Once you have decided to call NZ home permanently, queries abound in regard to whether you should bring your UK pensions to NZ. The rationale for bringing your funds to NZ may include tax and administration efficiencies (including limiting potential exposure to UK inheritance taxes), ensuring funds are invested in line with your financial strategy as well as future flexibility and preservation of funds for your estate.
Financial success looks very different for us all, but perhaps one priority we are all striving towards is to live life without feeling stressed about our financial affairs.
For most of us we are constantly trying to strike a balance between enjoying life now and ensuring we have the resources to enjoy life later.
There are many dedicated insurance companies in New Zealand and there are subtle differences in terms of their policy wordings. Built-in benefits, levels of cover, definitions of disablement are just a few examples. They also take different views on various conditions with some insurers more lenient on family history; so if your mother or sister has had breast cancer, that will not impact on your application, whereas another insurer will charge you more because of your family history. Other insurers are more lenient if, for example, your weight is higher than it should be.