Finance Minister Michael Cullen warned today that a National government would cut New Zealand Superannuation in line with OECD recommendations.
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Investment optimism remains high
The news is pretty good in the latest barometer reading of people’s intentions. Investor confidence is at record high levels, managed funds are picked as the second most popular investment and the awareness of KiwiSaver continues to grow.
Economic outlook and the savings challenge
This morning I would like to give you a quick snapshot of the economy; in particular, an overview of the main economic challenges New Zealand faces and the steps the government is taking to deal with them.
Financial planning firm appoints KiwiSaver specialist
Southland financial planning firm Bennett and Co is embracing KiwiSaver by taking on a new staff member specifically to promote the savings scheme to employers.