Adult Kids Putting Pressure on Over 50s Saving for Retirement
Keith Ardren
Some Bay baby boomers are heading into retirement crippled with mortgage debt or without their own home, experts say. High wage earners aged in their 50s were also seeking financial advice due to “peer pressure to keep up with Joe Blogs down the road” and “the ongoing funding of adult children”. There is the peer pressure to keep up with Joe Blogs down the road, he has got that car or that trip overseas. Read More
Truck shop cops $50k fine
Truck shop Flexi Buy has been fined $50,000 by the Auckland District Court with a further $3408 awarded in damages to affected customers, in the first conviction of a mobile trader since the Commerce Commission’s investigation into the industry last year. Read More