News

Gareth Morgan: GMI sale 'to benefit charity'

20 January 2012

New Zealand economist and philanthropist Gareth Morgan will pump the proceeds from the sale of his $1.5billion funds management company to Kiwibank back into charity. 

Kiwibank buys GMI

18 January 2012

State-owned lender Kiwibank has struck a deal to purchase Gareth Morgan Investments (GMI), including its KiwiSaver Scheme.

$300m KiwiSaver plan 'adds little to savings'

16 January 2012

A Treasury report to Finance Minister Bill English reveals officials doubted whether a $300 million one-off auto-enrolment in KiwiSaver would deliver a worthwhile boost to national savings. Treasury initially advised against the Government's plan because of the small impact it would have on savings.

Jargonbusters bring financial world to heel

10 January 2012

As anyone who has ever battled with an impenetrable wall of financial gobbledygook knows, deciphering such twaddle can often cause rising blood pressure and much tearing of hair.

AMP NZ and Gareth Morgan Investments share the stage for superior communications

13 December 2011

AMP NZ and Gareth Morgan Investments took top honours at the Workplace Savings NZ Communication Awards.

KiwiSaver fund rankings released

13 December 2011

The first independent research to look past headline returns and try to predict the future prospects of KiwiSaver nest eggs concluded the big funds offered ''pretty good'' value for money.

AMP Services (N.Z) Ltd takes top savings award

9 December 2011

AMP Services (N.Z) Limited and Gareth Morgan Investments were the big winners at last night's 2011 Workplace Savings NZ Communication Awards held in Wellington.  Read more here.

Prospectus extension certificates

6 December 2011

FMA has decided to grant an extension to liquid collective investment schemes so that they can register a prospectus extension certificate to extend the life of a scheme prospectus notwithstanding certain material adverse changes in the financial position of that scheme.  For more information click here.

NZ Investment Governance Survey 2011 - Report

28 November 2011

Russell Investments, with the support of Workplace Savings NZ, has surveyed the investment governance structures of a representative sample of 29 superannuation schemes.  The results of the inaugural survey are now available - click here to download a copy of this report. 

Saving us from super suffering

19 November 2011

Workplace Savings New Zealand head Bruce Kerr calls the day all workers join KiwiSaver "miracle day".