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Home / Hawkes Bay Today / Business

'Fiscal compass' leads the way

Hawkes Bay Today
9 Aug, 2016 12:30 AM2 mins to read

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BCole Murray director Mike Murray has launched a financial planning service for "all pieces of the financial puzzle" with authorised financial adviser Bonnie Parkes at the helm.

BCole Murray director Mike Murray has launched a financial planning service for "all pieces of the financial puzzle" with authorised financial adviser Bonnie Parkes at the helm.

Hawke's Bay financial services firm Cole Murray has launched what it says is Hawke's Bay's first complete financial planning service, to give people a "fiscal compass".

"We focus on all aspects of a person's financial journey - whether they are just starting out or getting ready to retire. We don't focus on just one area like a bank or an investment company does, we look at everything including debt, mortgages, insurance, investments, retirement planning and KiwiSaver - all pieces of the financial puzzle," authorised financial adviser Bonnie Parkes said.

The service was aimed at all people, regardless of their stage of life.

"A major challenge for Kiwis today is that there is no form of financial education available and we have generations of people who have financial goals and dreams, but no way of knowing how to get there. Added to that, we have banks and financial companies providing easy access to credit cards to satisfy people's got-to-have-it-now mentality, rather than learning to plan for these items. Many people underestimate the importance of planning their financial life."

Ms Parkes expected September's Money Week to increase financial literacy.

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"I want to make finances easy and enjoyable. I also want to encourage people, through creating a plan, to know their financial goals are within their reach. I am the person they can come to, to shed light on their financial situation. It's about giving people advice and confidence to plan their financial future no matter what part of the journey they're on."

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