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Viewing entries tagged with 'Savings Working Group'

KiwiSaver changes may be costly, warns industry

3 February 2011

Industry players have welcomed a proposal to automatically enrol all employees aged over 18 into KiwiSaver but warn more changes to the scheme are likely to bring more costs - some of which will have to be passed on to savers.

Media Release - KiwiSaver recommendations “a starting point”

2 February 2011

The Chairman of Workplace Savings NZ David Ireland says the recommendations are a starting point for discussions around KiwiSaver, but not the solution.
“Leaving KiwiSaver voluntary for the time being makes a lot of sense, for the reasons set out in the report, but you can be sure this will not be the end of the compulsion debate"

Savings Working Group releases final report

1 February 2011

The Savings Working Group released its final report "Saving New Zealand: Reducing Vulnerabilities & Barriers to Growth & Prosperity" to the Minister of Finance today. 

Bollard suggests savings boosters

24 November 2010

Reserve Bank governor Alan Bollard has suggested several measures that could improve national savings over the medium term in a submission to the Government's Savings Working Group.

Wide brief for expert group on savings options

24 August 2010

An independent Savings Working Group announced today by the Government has a wide brief to consider how New Zealand can improve its national savings, Finance Minister Bill English says.