Lyfords quarterly newsletter reviews key financial market events that have impacted portfolio returns.

Each quarter we have an article on a financial issue we believe will interest our clients.

In addition we often post news updates and blogs on our web site at https://www.lyfords.co.nz/news-blog/

For clients who have transferred, or are looking at transferring their UK Pensions to New Zealand, updates relevant to this are posted at https://www.uk-pension-transfer.co.nz/qrops-news-blog/

In this quarter’s update we discuss:

2025.Q4 Economic Commentary – DOWNLOAD the full pdf version NOW.

Market Commentary:
Following a volatile but generally profitable first three quarters of the year, the majority of markets delivered further gains over the final three months of 2025 …..

Key market movements:
The final quarter of 2025 delivered steady gains, with several share market indices finishing the year near record or multi-year highs. Throughout the middle of the year, performance leadership remained heavily concentrated in technology companies and other growth-oriented sectors, but there were signs late in the year of investor interest broadening  ….

Feature Article – Top 3 ways money did not make you happy in 2025 & Top 3 ways it might in 2026
You’ve probably heard the saying, “money can’t buy happiness.” But for most of us it achieves something almost as valuable: it buys peace of mind. Research consistently shows that financial stress is a common part of everyday life. With ongoing pressure from living costs and economic uncertainty, many households regularly worry about money, with around 70% of New Zealanders
saying they’re concerned about money daily, weekly or monthly ……

For a more comprehensive understanding of market dynamics, the key market movements section delves into detailed summaries of market returns throughout the quarter and over extended time horizons.

Between newsletters we often post relevant blogs under the news sections on our web sites www.lyfords.co.nz and www.uk-pension-transfer.co.nz

Blogs posted since our last newsletter:

Investment outlook 2026
Market wobbles and AI trends in 2026
Is now the right time to invest
Investing in a VUCA World
Why Distrust in AI is Perfectly Justified
What is that Bank Term Deposit Really Costing You?

2025.Q4 Economic Commentary – DOWNLOAD the full pdf version NOW.  A lot of time and effort goes into these Newsletters to provide up-to-date information and thought provoking articles.

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