KiwiSaver Bill gets first reading

A Bill that will allow KiwiSaver members to withdraw their Government tax credits as well as their and their employers’ contributions has had its first reading in parliament. The Taxation (KiwiSaver HomeStart and Remedial Matters) Bill also doubles the subsidy available for first-home buyers if they are purchasing a new home, from $5000 to $10,000. […]

Encourage KiwiSaver engagement: ANZ

KiwiSaver members who are engaged with their retirement savings are better placed to take action throughout their lives to reach their goals, ANZ’s general manager of wealth products and marketing, Ana-Marie Lockyer, says. The bank released a survey yesterday showing that half of KiwiSaver members had not checked that their savings were on track to […]

KiwiSaver members told: Don’t forget tax

KiwiSaver members are being told to consider the impact of tax on their investments. Morningstar has released its latest KiwiSaver survey, covering the period to September 30. KiwiSaver schemes with international exposure performed best over the September quarter. Those that made an active decision to allocate capital to growth assets also benefited as equities outperformed […]