Starting 1st April 2024, the income tax rates for Trusts in New Zealand is changing from 33% to 39%. Here's what you need to know about the change.
Competition means it can really pay to shop around — and it’s the same deal when it comes to getting the best interest rate on your savings.
Do banks price their term investments strategically, to try and tempt you to go for one term over another? Check out what our COO Dave Tyrer has to say about it.
Squirrel’s Personal Loan Reserve Fund is about to mark its 8th birthday. And this year, it’s not just a birthday we’re celebrating, but one other very important milestone.
When you hold money with a bank – be it in a transaction or savings account, or a term investment – it doesn’t just sit there. So, why won’t banks let you choose where your money goes, and are there other options to investing?
We sat down with Squirrel Chief Operating Officer, Dave Tyrer, to get his answers to the top 20 questions we get most often from investors on our platform.
Kiwi are missing out on roughly $2 billion of interest each year on “lazy” money sitting in their transaction accounts — so we’ve stacked up Aotearoa’s best and worst savings accounts to help you unlock your share.
Let's just say that if you take a conservative approach to investing your KiwiSaver nest egg, 2022 was not a good year.
A lot of us are guilty of taking a "set and forget" approach to our savings, and that can cost us big time when it comes to returns. With interest rates on the rise, now's a great time to be rethinking your saving strategy.
The new-look Squirrel On-Call account pays returns of 4.00% per annum, making it one of the best "no strings attached" savings account on offer in the New Zealand market.
The Squirrel Monthly Income Fund is a new way to invest in Squirrel loans, on top of our existing peer-to-peer investments. For those that prefer a more hands-off approach, with the Managed Fund we manage the investment while you watch the returns come through.
In this case study we’re taking a look at a property development company that was in need of a treasury management strategy, to minimise the negative impact of cash drag. Here’s how they ended up maximising their returns by investing with Squirrel.