Your privacy is important to us at First Mortgage Managers Limited (Manager of First Mortgage Trust) and we want to be sure that you understand the terms and conditions relating to the way in which we collect information and the use of that information.
Personal Information is defined in the Privacy Act 2020 and means information about an identifiable individual.
We will always collect, store, use and disclose your Personal Information in accordance with the Privacy Act 2020.
It is important that we keep our information about you current to ensure that we can contact you and to ensure we comply with legislation moving forward. To do this, we need you to advise us when you have any changes to your Personal Information.
We have policies and procedures in place to protect your Personal Information when you submit, or we collect, that information – including via our online services such as:
In order to provide you with the appropriate products and services, we may collect, store, process, use and disclose the following information:
You agree we can collect and use your Personal Information to:
If we ask for your Personal Information and you do not provide this, we may not be able to proceed with your application.
You agree that we can collect and share your Personal Information with:
When we disclose information about you to someone else for any of the reasons above, we require them to adhere to our standards of privacy, security and confidentiality.
On occasion, we collect information about you from public sources to use for any of the purposes set out in this Privacy Statement.
Credit reporting agencies collect good and bad information about your credit history. This helps people and companies provide you with the most appropriate goods and services. Debt recovery agencies enable people and companies to recover money owed to them where there a default has occurred, typically on a loan.
We are required to provide credit reporters with good and bad information about your credit history. We also obtain from time-to-time, and you authorise us to obtain, a credit report about you, to enable us to consider any relevant application you make, and to conduct our relationship with you.
You agree that we can provide credit reporters and debt recovery agencies information about you, and that they can provide it to others who pay for and use their services.
It is important that we are compliant with the laws of New Zealand, and in some situations overseas laws. This may mean we will need to provide certain people or organisations with information about you. You agree that we can provide information about you for the maintenance of the law including the prevention, detection, investigation, prosecution and punishment of any offence, to any relevant person or institution, relevant law enforcement authority, the courts, or Government agency(s).
We’ll provide those parties with information about you to:
We may not be allowed to tell you if we do give out information about you.
We are committed to protecting the security of your Personal Information and we take all reasonable precautions to protect it from unauthorised or accidental access, disclosure, alteration loss or destruction (together, a “Privacy Breach”).
If your Personal Information is subject to a Privacy Breach we will notify you if we reasonably believe that the breach has caused serious harm or is likely to do so.
We are committed to full compliance with the Unsolicited Electronic Messages Act 2007.
It is our policy to send emails to First Mortgage Trust clients to keep them updated with information that we believe is relevant to them. In addition, we may send out promotional material to you regarding new or amended material on our site where we think it may be relevant to you.
It is our policy to immediately remove any person from any mailing list upon the person’s request. You can unsubscribe from our email communications and/or text communications at any time by clicking the “Unsubscribe” link in any promotional or marketing email or text received or by emailing us at: [email protected]
Once you have unsubscribed from the email or text communications, you will be removed from the corresponding marketing list as soon as is reasonably practicable.
Short Messaging Service – SMS / Text messages
By signing up to receive communications from First Mortgage Trust, you agree to receive marketing text messages from us to the mobile number provided. The message frequency may vary. Standard message rates apply when sending text messages to the short code service. Once unsubscribed you will be removed from the corresponding marketing list as soon as is reasonable practicable.
A cookie is a small file that resides on your computer and is recognised by our server when you visit our site. A cookie does not provide us with any Personal Information. It does provide details of your IP address, the computer platform that you use (e.g. Mac or Windows), the browser that you use (e.g. Microsoft Explorer or Netscape) and what domain you are accessing our site from. With this information we can do the following:
In order to reflect the fact that our business is growing constantly, we reserve the right to change, amend or modify this Privacy Statement at any time. If there are material changes to our information use and collection practices, we will apply this to information collected on a going forward basis, and we will update this Privacy Statement
The New Zealand Privacy Act of 2020 gives you the right to view or correct the information we hold for you. You can do this by:
We will only keep your Personal Information for as long as we require it for the purpose for which it was required. However, we may also be required to keep some of your Personal Information for specified periods of time, for example under certain laws relating to companies, money laundering and financial reporting legislation.
If you have a complaint or concerns about the privacy of your Personal Information, please let us know, by either contacting us at our office, calling us 0800 321 113 or our Privacy Officer (using the contact details above). We endeavour to resolve all disputes promptly and fairly. If you are not satisfied with the outcome you may refer your privacy related complaint to the Privacy Commissioner.
This statement is current as at 13 August 2020.
Please note, this is just a guide and we recommend you seek professional tax advice.
Disclaimer – The results above are subject to the following assumptions:
- The investor’s main source of non-investment income is New Zealand superannuation on a non-shared living arrangement. That is taxable income between $14,000 and $48,000.
- FMT is your main investment and that you wish to have a single investment in FMT.
- This is a simple guide only. There are alternative strategies which may provide better outcomes. These are on case-by-case basis.
This tool is intended to provide general guidance only. This tool does not take into account your particular financial situation, objectives or goals. We recommend you seek independent advice before making any investment decision. Investments are subject to risks and returns are not guaranteed. If you have completed this guide and wish to discuss this, we recommend you seek professional tax advice.