Welcome to the last newsletter of the year. In which we will discuss:

 

*        Sovereign's Progressive Care

*        Grosvenor's performance

*        nib and Tower

 

 

 

 

Welcoming a new staff member:

 

Clyde Monteiro, a graduate of Wellington University with a degree in Commerce, a graduate Diploma in Professional Accounting and a Master's degree in applied finance.
Clyde has a cheerful disposition and a willingness to use his education to assist our clients achieving their goals.
A St Pats Town (WTN) Old Boy, Clyde, unfortunately lost his father some time ago.
He has two brothers, one older and one younger who with his mother live in Wellington. Clyde however is committed to making Christchurch his home.
Clyde's interests include martial arts, mountaineering, camping, tramping, and charity work of many varieties. Clyde looks forward to making your acquaintance.

 

 

 "Referrals are a cornerstone of our business.

 They are both welcome and appreciated."

 

 

 

 

Sovereign-Progressive Care

Progressive Care is a type of insurance that is new to New Zealand. It's not a traditional all-or-nothing trauma insurance, which just gives you one lump sum when you're critically ill.
Progressive Care can pay out more often, giving you financial support when you need it. Benefit payments are linked to the severity of your medical condition – the more serious it is, the larger the payout.

 

Progressive Care pays out a percentage of the full sum assured based on the severity of a client's medical condition meaning payments are in line with the likely health impact to your client.
Premiums for the same sum assured will be less under Progressive Care, making Progressive Care a great option for price-conscious clients.
In some cases it will pay out less than Living Assurance and in other cases it can pay out where Living Assurance does not.
Progressive Care can pay out more often because your clients can claim in more than one Category of Condition and can make subsequent claims if their condition becomes more severe (unless the sum assured for that category is exhausted).
It covers your clients for 62 medical conditions at various stages of severity, and cover remains in place even after a claim.
The more serious your client's medical condition, the larger the pay-out (subject to any previous claims paid under the policy).

 

 

 

If you currently have a sovereign policy with our company we would love to chat to you about what option would best suit your lifestyle. Please email kevin@supernz.co.nz or call us on (03) 379 6847.

 

 

 

 

 

 

 

 


nib and Tower Medical

 

At the end of 2012, nib acquired TOWER Medical Insurance Limited (TOWER Medical), and in October 2013, nib was launched in New Zealand.

They are New Zealand's second largest health insurer, and are excited to offer Kiwis a new range of health insurance products that are easy to understand, easy to claim on and most of all good value.

You can be confident in their knowledge and experience. Covering over one million people across the Tasman, nib has over 60 years' experience in providing health insurance.

Whether you took out your TOWER Medical policy recently or some years back, there is no change to the terms of your policy and we'll take care of everything else for you.

 

So why nib?

 

  • You choose – private hospital cover, cover for day-to-day expenses, or both! Pick what suits you and get cover for the things you need now and not for those you don't.
  • Immediate cover – your cover starts immediately when we receive your application (subject to waiting periods), or you can choose to start on any date up to six weeks later.
  • We're here to help – we have experts that can explain your options and help you find the right balance between how much cover you want and what you can afford.
  • 14-day free-look period – to give you time to consider your policy we provide a 14-day free-look period. During this time if you decide the policy isn't right for you, you can cancel it and we'll refund any premiums paid, providing no claims have been made.
  • Claiming is easy – our core business is paying claims and being there for you when you need us most. We make sure the process is as hassle-free as possible and aim to process claims within five working days. For some treatments we can provide pre-approval over the phone, or text you with confirmation.
  • Excess options – to help you keep premiums in check without sacrificing your cover, we have a range of excess options on many of our private hospital covers that can discount your premium by up to 60%. For example, if you have a $500 excess you'll get a 25% discount on your premium, and if we accept a claim for $2,500, we'll pay $2,000 of the total cost.
  • Payment options – for your convenience, we offer a range of payment options including direct debit, as well as various payment frequencies including weekly, fortnightly and monthly.
  • Cash back in your pocket – save up to 4% on your premiums with our direct debit discount. Get 60% of your day-to-day costs back with our Everyday covers.

 

Talk to us about how you can sign up to nib today or if you would like more information please contact us on email kevin@supernz.co.nz or call us on (03) 379 6847.

 

 

 

 

 

 


Grosvenor's Performance

The Grosvenor Conservative Fund is underperforming. It is performing in the bottom 25% of industry equivalent funds. However since the third year of Kiwisaver the conservative fund has been tracking close to the industry average. This Fund has an implied annual growth rate of 13.62% compared with the implied industry average growth rate of - 4.80%.

The Grosvenor Cash / Fixed Income Fund is outperforming the industry average. It is performing in the top 25% of industry equivalent funds. This Fund has an implied annual growth rate of 5.1% compared with the implied industry growth rate of - 9%.

The Grosvenor Balanced Fund is underperforming. It is performing in the bottom 25% of industry equivalent funds. However Grosvenor's performance in this fund is improving, tracking closer to the industry average. This Fund has an implied annual growth rate of -12.4%, higher than the implied industry growth rate of -17.69%.

 
The Grosvenor Growth Fund is underperforming. It is performing in the bottom 25% of industry equivalent funds. However Grosvenor's performance in this fund is improving, tracking closer to, the industry average. This Fund has an implied annual growth rate of -19.9%, higher that the implied industry growth rate of – 22.4%.

International Shares Fund: performance in the top 50% of industry.

Geared Growth Fund: performance in the bottom 25% of industry

Socially Responsible Fund: performance in the bottom 25% of industry

Trans Tasman Fund: performance in the bottom 25% of industry

The implied industry growth gate for high growth funds is -16.76%. However all the Grosvenor high growth funds have a much smaller implied growth rate:

-19.06% to -32.92% compared with the industry.

 

White Chocolate Macadamia Nut Cookie in a Jar

 

 



  


A deluxe cookie with a sweet taste of the Hawaiian Islands, White Chocolate-Macadamia Nut Cookies is a sweet and tender accompaniment to hot coffee--or a cool drink.

This layered cookie in a jar mix makes a happy holiday gift for family, friends or classroom teachers.

Ingredients

1 wide-mouth quart (4-cup) canning jars with lid and rings

1 1/4 cup sifted flour, all-purpose

1/2 teaspoon baking soda

1/2 teaspoon baking powder

1/3 cup sugar, granulated

1/2 cup brown sugar, packed

3/4 cups chopped macadamia nuts

1 cup white chocolate baking chips

Instructions

1. Sift flour before measuring. Mix flour, baking soda, baking powder together in a small bowl.

2. Layer ingredients in quart-size canning jars: flour mixture, packed brown sugar, white sugar, nuts and baking chips. [Hint for Food Saver brand vacuum sealer owners: use the jar sealing attachment to seal jars for longer storage.]

3. Cut appropriate number of 7-inch circles from cotton fabric. Top each jar with fabric circle, and tie with ribbon.

4. Print appropriate number of gift tags with recipe instructions. Cut gift tags apart and attach to jars with ribbon. Or, hand-write recipe tags with recipe below.

Notes

White Chocolate - Macadamia Nut Cookie Recipe:

Empty cookie mix into mixing bowl; use hands to thoroughly blend mix.

Add: 1/2 cup butter or margarine, softened, 1 beaten egg, and 1 teaspoon of vanilla. Mix until completely blended.

Shape into 1-inch balls and place 2 inches apart on greased cookie sheets. Bake at 375 degrees for 12 to 14 minutes until tops are very lightly browned.

Cool 5 minutes on baking sheet. Remove to racks to finish cooling. Makes 2 1/2 dozen cookies.

 

 

 

 

 

 We are closed from the 20th December 201
And we will re-open on the 6th of January 2014.


 

 

 

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