News

Viewing entries tagged with 'Employer Contributions'

KiwiSaver change shrugged off

12 May 2011

Fund managers and business groups are not panicking about changes to KiwiSaver, despite news that both employers and employees will have to lift their contribution.

KiwiSaver changes worry employers

11 May 2011

As speculation mounts over the Government's intentions for KiwiSaver, a group representing employers who offer workplace retirement plans is concerned that tinkering with the scheme may deter people from joining.

Greater flexibility for KiwiSavers comes at a cost

1 April 2009

Reducing the minimum KiwiSaver employee contribution from 4% to 2% provides some welcome flexibility for KiwiSavers and their employers, but comes at a cost that may ultimately detract from the end savings outcome.

KiwiSaver changes into lower gear

30 March 2009

KiwiSaver Mark IV starts on Wednesday for nearly one million people who face a raft of changes expected to make it easier for more people to join while opening up options for existing members.

Piggy puts Nats in a stew

25 March 2008

It's an offer Kiwis are finding hard to refuse. You put aside four cents in every dollar from your before-tax pay and the Government matches it with a tax break to a maximum of $20 a week.