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Latest News

A Night Out West A Roaring Success   24/11/09

90 lucky clients managed to snap up tickets to our comedy night last Thursday, to be entertained by Ewen (The Westie) Gilmour at Butler's Reef Tavern in Oakura.

Everyone enjoyed drinks, nibbles and a good laugh, with Ewen proving why he's one of New Zealand's leading stand-up comedians.

Life Insurance Costs Set to Rise   24/09/09

Insurance expert Vance Arkinstall says the timing of higher taxes on life insurance policies is unfortunate as NZ is just coming out of recession.

The cost of life insurance is about to rise by up to 25 percent as Inland Revenue increases the tax on higher risk policies.

In the past, most people took out whole life and endowment policies but are now favouring higher risk-based insurance policies.

Investment Savings and Insurance Association chief executive Vance Arkinstall says tax is paid on insurance when the policy holder pays the premium, not when they get the money. He believes the timing of the tax hike is unfortunate.

"We're just coming out of a recession. It's a shame they didn't delay it for a short period to allow people to readjust to the new environment."

The changes come into effect mid-way through next year.

NewsTalk ZB

Local Businesses Reap Rewards   04/08/09

Two local businesses have benefited from a promotion run by local personal risk advisers, Abacus Group.

Kane and Gayleen Innes, the directors of Grow Well Landscape Supplies in Bell Block, won a four night luxury escape to Melbourne and Ag Traction in Waiwakaiho won a $200 voucher to Table restaurant at Nice Hotel for its Directors, Trent Hall and Paul Stanton. Both businesses entered in to Abacus Group’s Insurance Survey promotion.

Rob Gordon from Abacus says, “The aim of this promotion was to discover what levels of insurance cover are held by Taranaki business owners so that we can better tailor our offerings and remain at the forefront of providing specialist risk advice to Taranaki business owners.”

“What we discovered was that although Taranaki businesses generally recognise the need for life cover, many are underinsured in the areas of income protection and, in particular, trauma cover.”

“This promotion also enabled Abacus to get out there, face to face, and talk to a great many hardworking Taranaki business owners and it is great to see the prizes go to such worthy recipients”

Abacus Group provides specialist advice to farmers and business owners in the areas of life cover, trauma cover, income protection and health cover.

eNews   19/05/09

To let you know what's happening at Abacus and the world on insurance and business in general we have launched a new quarterly eNewsletter, with the first issue to go out in June. Be sure to add us to your Safe Senders list as there will be some great prizes on offer.

New Adviser   01/04/09

The appointment of Jamie Toon as our new Adviser sees the area Abacus Group covers expand, with Jamie to look after clients in the greater Waikato and King Country area.

Our new website launches in May!   01/04/09

As part of a brand cleanup, our website has been completely overhauled by C7 Design

 

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