Government’s bold step will ensure Kiwsaver success

�The Investment Savings and Insurance Association (ISI) applauds the Budget announcements to encourage savings and investment�, said Vance Arkinstall, CEO, Investment Savings & Insurance Association.�The KiwiSaver announcements will ensure the success of KiwiSaver. There is now no doubt that the proposition offered by KiwiSaver is so attractive that virtually all New Zealanders must consider joining. …

Budget gives $40 a week to support saving

It is vital New Zealanders save more so we can better deal with our economic and social challenges, which is why Budget 2007 significantly enhances KiwiSaver. A new system of tax credits and compulsory matching employer contributions will be introduced to encourage more saving and make it even easier for New Zealanders to save through …

KiwiSaver still a mystery for many Kiwis

Less than two months before the introduction of KiwiSaver, more than half of adult New Zealanders report they are not saving for their retirement, and more than three quarters admit they know very little detail about the new savings scheme.Less than two months before the introduction of KiwiSaver, more than half of adult New Zealanders …

New Zealanders keen on KiwiSaver: AMP

A groundswell of support is building for KiwiSaver, increasing New Zealanders’ appetite for retirement savings and boosting savings patterns, according to the latest AMP SuperWatch research.Of the people surveyed, 68% said New Zealand Superannuation would be inadequate financial support for them in retirement. Three-quarters of non-retired New Zealanders say they are aware of KiwiSaver (up …