Your online guide to KiwiSaver, the Government superannuation scheme
Press Release: Choosing the right KiwiSaver fund with the lowest fees and best performance from the dozens on offer will give the average wage-earner enough extra money over twenty years to buy a brand-new luxury car when they retire.The trick is knowing which one of the funds will make that kind of difference, and a …
Continue reading “Website to clarify hidden KiwiSaver fund fees”
Press release: “We should brace ourselves for a game of KiwiSaver political hot potato, says Ernst & Young. National has refused to let taxpayers know whether they support the new turbocharged version of KiwiSaver – employer contributions – and it will seek to embarrass the Government in any way possible,” says Jo Doolan, Tax Director …
Employers advised to take KiwiSaver pay reviews in two stepsMany employers in the middle of wage and salary reviews are finding they have to urgently re-work pay increases to accommodate the new compulsory KiwiSaver employer contributions, says David Lowe, Employment Services Manager for the Northern Employers and Manufacturers Association. “Many businesses work on a July …
Press releasePreparations for the 1 July introduction of KiwiSaver advanced today with the signing of an Order in Council that bring into effect both the annual fee subsidy to be paid to members and the rules governing the use of KiwiSaver to help repay the mortgage on the family home. “We welcome these legislative changes, …
Continue reading “KiwiSaver fee subsidy, mortgage diversion rules enacted”