News

Call to clean up KiwiSaver sales

2 December 2009

KiwiSaver providers have been warned about using standover tactics to stop people from changing schemes after complaints were made to the Government's superannuation watchdog.

Dunne: Tax bill brings super portability closer

20 November 2009

A tax bill introduced to Parliament today by Revenue Minister Peter Dunne opens the way for New Zealanders returning home from Australia to bring their retirement savings with them.

The changes are part of the Taxation (Annual Rates, Trans-Tasman Savings Portability, KiwiSaver, and Remedial Matters) Bill.

New research quantifies "comfortable" retirement

10 November 2009

New research across the Tasman has quantified the annual income needed by retirees to fund either a comfortable or modest standard of living in retirement.

New KiwiSaver award keeps tab on providers

9 November 2009

David Ireland, Chairman of Workplace Savings NZ appeared on TV3's ASB Breakfast this morning to discuss our new "Peoples Choice KiwiSaver Award".   Click on the link to view the interview with Michael Wilson.

NZ sitting on superannuation timebomb: Treasury

30 October 2009

The Treasury has issued a "choose your poison" challenge to the Government, warning that if serious consideration is not given to pegging the costs of superannuation other public services will suffer.

Costs mount up for regulation

28 October 2009

Authorised financial advisers (AFAs) will have to pay a minimum of almost $3,000 to comply in the first year of regulation, according to figures compiled by the Institute of Financial Advisers (IFA).

Inflation back under the spotlight

16 October 2009

Surprisingly strong inflation in the September quarter has cast further doubt on the Reserve Bank's stated expectation that it will not start raising interest rates until the latter part of next year.

Minister changes QFE rules

13 October 2009

Commerce Minister Simon Power has proposed a range of "technical tweaks" around the incoming Qualifying Financial Entity (QFE) regime, in a bid to meet industry concerns.

KiwiSaver: cheap at $26m in fees

7 October 2009

Over the 12 months to March 31 this year, KiwiSaver providers collected a total of about $26 million in fees, according to my calculations.

Greenback tumbles on reports of its demise

7 October 2009

The price of gold is surging on world markets amid fears that the old economic order, based on the supremacy of the US dollar, could be breaking down.