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Doubts on bank's push for 'life stages' KiwiSaver

20 January 2012

A retirement savings advocate is sceptical of suggestions that young KiwiSavers should take on more risk by default.

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.