The government is proposing further changes to super schemes in line with its aim of encouraging greater savings, Finance Minister Michael Cullen, Commerce Minister Lianne Dalziel, State Services Minister Annette King and Revenue Minister Peter Dunne announced today. “The amendments we propose will give those in super schemes that comply with KiwiSaver rules more protection […]
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First KiwiSaver provider performance rankings
The managed funds analyst Trident Research has released rankings for the six default KiwiSaver balanced fund providers, based on the level of their management fees. Press Release Through its SmartKiwiSaver website ($30 annual subscription), Trident Research operates the only independent consumer-type education, signup, calculator and fund monitoring website for KiwiSaver, all accessible from one site. […]
Small business duped over KiwiSaver
The Labour Government is misleading small businesses over the benefits of KiwiSaver, says Nationals Associate Small Business spokesman, Chris Tremain. Press Release – National Party Small Business Minister Lianne Dalziel told the Small Business Expo this week that KiwiSaver would have a huge impact on New Zealand capital markets and they would benefit by easier […]
Time to come clean on KiwiSaver fees
The Government had the opportunity to force KiwiSaver providers to quantify all their fees and add-on charges so that the public could have some certainty about what they were letting themselves in for. Press Release – Gareth Morgan Too many providers have continued the old savings and insurance trick of identifying only fees and telling […]