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Viewing entries tagged with 'KiwiSaver'

Building a trusted financial sector

18 December 2008

Retirement Commissioner Dianna Crossan has spelt out to her new minister a raft of issues which are hurting the financial sector.

KiwiSaver change should be no suprise - English

10 December 2008

It should be no surprise that employees in KiwiSaver with bosses who pay above the current minimum will have to pay extra tax, Finance Minister Bill English said this morning.

Scrooge on KiwiSaver, Santa on tax

10 December 2008

Promised tax cuts are on the way as the Government pushes them through Parliament under urgency but Prime Minister John Key is under fire for being a Christmas grinch as KiwiSaver and workplace law changes bite.

KiwiSaver Performance Survey results

16 October 2008

The range of returns from KiwiSaver funds is very wide according to the first performance report from research house Morningstar.

A devil in National's detail

14 October 2008

National's proposed KiwiSaver changes have been well and truly analysed by now but one factor which doesn't appear to have been considered yet is the tight timeframe in which National are proposing to introduce the changes.

KiwiSaver survey shows higher levels of understanding

6 October 2008

Despite global financial market turmoil more New Zealanders understand what KiwiSaver is all about and are using it to save for their retirement, a new survey shows.

More mortgages qualify for KiwiSaver mortgage diversion

15 September 2008

Amendments to the mortgage diversion regulations signed by Order in Council today allow more types of mortgages to qualify for the mortgage diversion facility.

KiwiSaver law change to remove conflict

23 July 2008

Labour Minister Trevor Mallard says KiwiSaver legislation will be altered to ensure there is no conflict with employment law when workers and bosses thrash out remuneration packages.

Britain studies KiwiSaver scheme

14 July 2008

KiwiSaver has been subjected to a rigorous examination by retirement specialists in Britain to see if lessons can be learned before a new scheme is rolled out to Britons.   In a move similar to that taken by the New Zealand Government with KiwiSaver, from 2012 British workers not already in occupational pension schemes will be enrolled into "personal accounts" unless they opt out.

Bosses' KiwiSaver loophole plugged

14 July 2008

Employers will no longer be allowed to pay less to KiwiSaver employees than to those not in the scheme, under a move to be announced today by Labour Minister Trevor Mallard.  "There is no way that it is fair for one employee to be paid less each week in their take-home pay than an employee doing the same tasks.....