Your online guide to KiwiSaver, the Government superannuation scheme
In a year that has seen two KiwiSaver providers close up shop, the big bank brands were again dominating fund flows, the second annual Good Returns KiwiSaver survey has found. View full KiwiSaver table here According to the figures, as at March 31 the Commonwealth Bank-owned ASB once more topped the list as the single …
Continue reading “KiwiSaver survey: the full numbers revealed”
Parliament has passed a major omnibus tax bill into law which clears up rules around payouts to the estates of deceased KiwiSaver members. The issue hit the headlines earlier this year with media reports about how KiwiSaver managers were unable to make payments to estates due to complications with the law. The Taxation (International Taxation, …
Continue reading “Dead KiwiSaver members get direct payment”
Huljich Wealth Management has confirmed that it has sacked a number of advisers selling its KiwiSaver funds due to their selling practices. As first reported on Good Returns last week the Securities Commission is investigating complaints of illegal house-to-house marketing of KiwiSaver schemes. “A number of accredited distributors have been terminated for distributing the Huljich …
Huljich Wealth Management has finalised another distribution deal to sell its KwiSaver funds to the public. It has formed a strategic sales alliance with financial services company, DorchesterLife to sell its funds. Huljich already sells its funds through distribution deals with NZF Money and Mike Pero Mortgages. Currently Huljich has around 45,000 KiwiSaver members and …