| University | Massey University (MU) |
| Subject | Financial Services |
Your new clients, Simon and Judith live in Christchurch. They own their own home with a mortgage equivalent to 75% of the home’s market value. It is a standard P&I loan with a fixed interest rate of 4.5%, and the term expires in two months.
Their house is insured but they are finding it hard to afford the premium costs since the earthquake. It is a standard house and contents policy with excesses respectively of $500 and $200.
Their two cars are insured, each policy with a $100 excess, and they have no health or income protection insurance.
Simon and Jude both work (as employees), they are in their late twenties and have not yet started a family. They have saved $70,000 which is on term deposit at the bank and both have continued to contribute to their KiwiSaver Schemes at a rate of 6%.
Jude is originally from England and has kept GBP15,000 in her UK bank account to use when they go on holiday. She is trying to decide whether or not to transfer some or all of those funds to New Zealand. If they did that, they would look at options such as using the funds to try and get themselves a small investment property (outside Christchurch), or investing in the share market.
Stuck! Do not Know Assessment Answers?
Hire NZ Native Experts 24/7.
Struggling with your Financial Services assignment at Massey University? Don't worry! NZ Assignment Help is here to provide you with exceptional online assignment help. Our experienced team of writers is well-versed in finance assignments topic and can deliver high-quality, original solutions tailored to your specific requirements. Take advantage of our reliable "Do My Assignment" service and achieve academic success. Contact us now!
- ACCTG 211 Assignment 4 Answer Booklet : Semester 2 2024 – Financial accounting, UOA , NZ
- ACCTG 211 Assignment 4 : Semester 2 2024 – Financial accounting, UOA, NZ
- 605 Imaging Techniques 2, Case Study, UCOL, NZ
- BSRV4602 Law for Real Estate Licensees Assessment 1, Assignment, OP, NZ
- HSRV103: Workplace sexual harassment 2024 – Human services, Assignment, UC, NZ
- EDU618 Professional Practice 2b, Practicum Assessment 1, OP, NZ
- FSC522 The Regulatory Framework, Assessment 2, OP, NZ
- TAXN201 – Introduction to Taxation, Assignment, VUW, NZ
- Health and wellbeing (collaborative support for complex needs ), Assignment, OP, NZ
- Undertake a systematic or integrative approach to review literature on an area of nursing practice : Nursing Case Study, NZ