National floats allowing KiwiSaver splitting

The National Party says if it is elected it will allow KiwiSaver members to split their savings amongst multiple providers. National has proposed allowing KiwiSaver members to split their savings between multiple schemes. National’s Commerce and Consumer Affairs spokesperson Andrew Bayly says the move will drive innovation, boost competition and putting downward pressure on fees. […]

Bayly, fund managers on KiwiSaver for tenancy bonds

National Party finance and commerce spokesperson Andrew Bayly, says he did not know if KiwiSaver Scheme managers had been consulted as the initiative was led by housing spokesperson Chris Bishop. The National election promise will allow under-30-year-olds to use KiwiSaver for tenancy bonds. Bishop announced the intention to students at Auckland University. Under it students […]