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Viewing entries tagged with 'Kiwisaver'

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.

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.

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. 

$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.

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.

Saving us from super suffering

19 November 2011

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

Make Kiwisaver compulsory: CEOs

17 November 2011

A big majority of chief executives want KiwiSaver made compulsory.  Seventy-seven per cent of respondents to the Herald's CEO survey are in favour of compulsion, which is a key Labour Party election plank.

Political tinkering a hurdle for savers

14 November 2011

This election will be the second held since KiwiSaver's inception in 2007, and once again the scheme has become a political football.  As voters prepare to head to the polling stations on November 26, three major parties have some very different ideas about where the government savings programme should be heading.

Greens say they can lower KiwiSaver fees 40%

7 November 2011

The Green Party’s plan to encouraging savings by reducing the high costs of saving.