Year Book 2021

PMG FUNDS
The future of financial literacy
and commercial property
BY SCOTT MCKENZIE,
CEO & Director at PMG
NZ INC FINDS ITSELF
FACING lofty
challenges. We have
a housing market that
has seemingly lost all
common sense, an
ever-growing gap
between the haves and the have-nots,
and financial literacy is lacking for some
people in terms of understanding
what is needed to achieve a financially
balanced and sustainable lifestyle.
Add that to the economic impacts of
Covid-19, low interest rates, tightening
Government residential legislation, and
the urgent matter of global warming,
you could perceive things to be bleak.
It’s times like these that businesses, like
PMG, need to leverage against their
successes, help harness the power of
our communities and make meaningful
differences. That’s certainly our focus for
2021 and beyond.
PMG Charitable Trust
As a responsible and trusted property
funds manager, we believe PMG has a
role to play in helping address financial
literacy gaps in New Zealand. For this
reason, PMG has established the PMG
Charitable Trust. The Trust is specifically
focused on enhancing the financial
literacy of young New Zealanders,
including adults who may not have
otherwise had the opportunity to receive
financial education and support.
The Trust will work with existing, highimpact
providers of financial literacy
programmes, and design bespoke
education programmes for charitable
organisations to use with the support of
the PMG team on delivery.
As a team, PMG is deeply passionate
about making a difference in the lives of
the next generation. But we cannot do it
46 | YEARBOOK 2021