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KiwiSaver's first retirees may withdraw funds
30 April 2012
Kiwisavers turning 65 should be able to set up free regular payments to supplement their incomes when the first retirees become eligible in July, says Workplace Savings NZ.
Submission on the Financial Markets Conduct Bill
26 April 2012
Read our submission on the Financial Markets Conduct Bill here.
Hard-up workers raiding KiwiSaver
18 April 2012
An increasing number of people are raiding their KiwiSaver funds because of financial hardship, budgeting experts say.
New approach to retirement planning
15 March 2012
Many people have no idea of the costs of retirement and are ill-prepared for it, according to a group promoting financial education. But trying to "scare the pants off" people into saving for the retirement has simply not worked, according to Retirement Commissioner Diana Crossan.
The real cost of living in retirement
14 March 2012
New research being sponsored by Workplace Savings NZ will show the real costs being faced by current retirees and highlight what is needed for retirement lifestyles in New Zealand.
Govt dispute resolution scheme in the gun
9 February 2012
The government's Financial Dispute Resolution (FDR) scheme is under fire, with critics saying it shouldn't be subsidised to compete against private operators.
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.