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Viewing entries tagged with 'Scheme'

Liquidators freeze Ponzi scheme

27 January 2017

Stuff: Serious Fraud Office investigation into alleged Hansa Ponzi scheme results in asset freeze.Waterstone Insolvency liquidator Damien Grant said in December they had so far identified payments of at least $9m into the company.  More>

RIG to launch into pension transfers

8 September 2016

RIG, which offers the country’s first variable annuity product, is to launch a pension transfer scheme within the next couple of months. Chief executive Ralph Stewart said he hoped it would be live by mid-October. Goodreturns.co.nz. More>  

No laws broken by KiwiSaver schemes, expert says

28 August 2016

A suggestion that KiwiSaver providers might have broken laws by investing in companies that make weapons has been dismissed by one financial law expert. There has been an outcry over revelations that some schemes have holdings in landmine producers, cluster-bomb makers and nuclear weapon-producers.  More>

Human rights and KiwiSaver: Death penalty, extra-judicial killings, and repression

27 August 2016

It's time to talk about the human rights records of the country's KiwiSavers schemes, says the chairman of the Human Rights Foundation.  The past two weeks has seen the re-emergence of concern over KiwiSaver schemes investing in land mine and cluster bomb makers.  More>

Workplace Savings NZ Quarterly KIWISAVER Survey released

25 August 2016

Workplace Savings NZ Quarterly KiwiSaver survey for the period ending 30 June 2016 has revealed some winners and some losers.  Compared to 31 March the Generate KiwiSaver Scheme is growing quite fast, while all the other schemes are reasonably static in comparison.   Generate grew from 17,681 to 21,225 members over the quarter.