COVID-19 Information and resources

We know these are challenging times and want to reassure you that Consilium is focussed on providing an ongoing and uninterrupted service to our Synergy clients. The health and wellbeing of our staff, clients and suppliers remains a priority and we are continuing to monitor any new developments.

Together with the Insights page, information and resources are also located here to support you. If you would like any further information please do not hesitate to contact your adviser or BDM.

 

Consilium's operational plans

As of Monday 23 March, Consilium implemented all government recommended COVID-19 measures. The following measures have been put in place to maintain the health and safety of our staff and provide uninterrupted service.

    • Consilium has now activated our BCP plans.
    • All travel has been cancelled until further notice.
    • All staff have been set up to work remotely and will be working from home.
    • The Consilium office is now closed.
    • Consilium is running a secure remote desktop server which allows staff to securely login to any restricted services whilst working remotely.
    • Your calls will be answered as per normal.

Plans and actions will be reviewed daily and will continue to be guided by the Ministry of Health and Government recommendations.

Systems are in place to ensure communications with Consilium staff will continue as per normal. Consilium BDMs are available on their mobile phones if you have any concerns or are unable to reach someone. Staff will also be available through the normal email channels.

FNZ, who powers the Consilium Wrap platform, have invoked their BCP and all their staff are working remotely. This measure has been in place since 16 March without any service issues to date. 

Consilium is confident in the ongoing provision of services by FNZ and accessibility of Consilium Wrap. This is an opportune time to remind your clients that all investors’ funds are held in bare trust by FNZ Custodians Limited and are therefore not susceptible to the financial status of Consilium or FNZ. However, both firms maintain suitable reserves for withstanding volatile market conditions.

These are challenging times but please be assured Consilium is financially sound and prepared to meet the challenges ahead. We remain focused on delivering a high level of client service and we look forward to maintaining contact with you through online communications.

A message from Scott Alman, Managing Director - Consilium

As we all settle into our new routines, the team are here to provide you with the highest level of support and resources as we navigate through these unprecedented times. 

 

Insights

See below for a range of articles and insights of lessons learned from past significant events and the challenges we face today. 

The value of financial advice in extraordinary times

These are extraordinary times. Although the immediate outlook with respect to Covid-19 remains unclear, times like this provide a stark reminder of the importance of having a financial plan and undertaking regular planning meetings.


Read more

 

​Our client service team at your service

A couple of weeks ago, with the Covid-19 pandemic evolving around the world, we knew it would only be a short time until it reached our shores and affected our lives and business. And we wanted to make sure that the Consilium Service Team would be ready.


Read more

March 2009 Stocks fall to lowest levels since 1997​

It was March 2nd 2009 and across America people woke up to the headline,"Stocks fall to lowest level since 1997 as Dow drops below 6,800.” The expectations were that it would go even lower and for good reason.


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Resist the itch to switch

Day after day we are bombarded by the media and at the moment, we are seeing nothing but bad news. Coverage of the share market is full of headlines with words such as “plunge”, “recession” and “loss” repeated over and over again.


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​Business will never go out of business

Benjamin Roth was a lawyer in Youngstown, Ohio, when the stock market crashed in 1929. Two years later he decided to keep a diary to detail the effects that the financial collapse had on himself, his neighbours, and the nation.


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Navigating market volatility

In stark contrast to most of the past decade, the first few months of 2020 have delivered a large increase in market volatility. A big factor in this has, of course, been the emergence and spread Covid-19.


Read more

 

Additional Resources

We’ve collated some other general information to help you, your family and your business get through these times healthy, productive, safe and happy. 

 

PRODUCTIVITY

Essential Strategies for Working from Home Productively


New to working from home? Fortunately, some people have been doing it for years. Here are a number of powerful strategies they've discovered make for a smoother transition.

 

PRODUCTIVITY

I Spent a Year in Space, and I Have Tips on Isolation to Share


Experiencing cabin fever? This retired astronaut spent a year on the International Space Station. Here are his tips for living in isolation, including the importance of following a schedule.

 

HEALTH

In 6 Minutes, You Can Be Done With Your Workout


Just because the gym is closed doesn’t mean you can’t continue to workout. Here are three at-home workouts that you can complete in less than 10 minutes, without any expensive equipment.

 

HEALTH

If Coronavirus Scares You, Read This to Take Control Over Your Health Anxiety


If you’re generally fearful of getting ill, this pandemic is doubly unnerving. Here are 9 proactive ways to feel calmer and in control.

 

HAPPINESS

The Best Way to Support Stressed out Friends and Family


Trying to calm a stressed-out friend or family member? According to a new study, one of the most helpful things you can do is to validate how the person is feeling. Don’t minimize, empathize.

HAPPINESS

How to Have a Successful Virtual Happy Hour


Quality time with friends can make even the worst days a little bit better. And it's still possible to "get together" without leaving your house. Here are some tips for hosting your own snazzy "night on the town" with friends, including: Get dressed up. Getting ready can provide a sense of normalcy and anticipation.