Financial literacy

Financial literacy is the cornerstone of a healthy and vibrant economy and is strongly supported by the New Zealand banking sector. It helps people make informed choices to improve their financial well-being.

The New Zealand Bankers' Association is committed to raising awareness of financial information that broadens the understanding of good money management.

National Strategy for Financial Literacy

NZBA Chief Executive Kirk Hope is a member of the National Strategy for Financial Literacy Advisory Group. The strategy sets the direction for improving financial literacy in New Zealand.

Unravelling Financial Jargon

Here's a useful guide to understanding financial jargon. Unravelling Financial Jargon offers plain language alternatives to explain the specialist language of the financial sector.

Unravelling Financial Jargon is published by plain English specialists Write Limited. Unravelling Financial Jargon is a free e-book, full of plain language alternatives for financial words and expressions.

Download Unravelling Financial Jargon.

Financial literacy tools

NZBA aims to provide easy and free access to both financial information and money management tools. This list directs you to member websites that contain such information:

Financial literacy programmes 

NZBA members are also involved in a range of activities promoting financial literacy. They undertake community workshops either directly or working alongside other organisations. Examples include:

Sponsorship and support

Members also contribute to financial education and literacy through a range of initiatives in conjunction with other organisations. Some examples include:

  • NZBA sponsorship of the Retirement Commissioner's 'Financial Literacy for Schools' pilot programme - a personal financial education framework for schools
  • ASB's support of Young Enterprise Trust primary and secondary school programmes
  • BNZ's sponsorship of the Retirement Commission/ Age Concern 'Elder Financial abuse resource and toolkit'.

Are you ready for retirement? 

The Retirement Commissioner has been talking to a whole range of Kiwis about their thoughts on retirement and what they’re doing to get ready or not. See what they have to say hereMore stories can be viewed here

For more on retirement planning check out Sorted

Investor literacy

The Financial Markets Authority provides practical information for investors here