Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey. Simplicity has the most satisfied customers, while Australian-owned provider AMP the least, the survey has revealed. Simplicity, Generate and Milford had the most satisfied customers. Consumer CEO Jon Duffy, said each of these NZ-owned firms not only achieved Consumers people’s choice status […]
Category Archives: KiwiSaver News
Bayly will talk to coalition partners before any change to KiwiSaver
Minister of Commerce and Consumer Affairs Andrew Bayly says he wants to focus on capital markets and KiwiSaver providers have a part to play. “The thing about KiwiSaver and capital markets in general is how do we get more capital coming into businesses, how do we make sure financing around debt is appropriate?” He wants […]
Simplicity takes stake in tax tech company
Simplicity’s latest private equity investment is an 18.8% share in the parent company of two tax technology companies, Tax Traders and its startup business Taxi. The investment will primarily be used to develop Taxi, a new company offering access to working capital for businesses, backed by their provisional tax payments. Tax Traders, which started in […]
Kiwis, depending on their age group, generally want compulsory KiwiSaver
Most Kiwis, bar Millennials, think regular KiwiSaver contributions should be compulsory, a survey has found. When Auckland financial advice firm National Capital canvassed New Zealanders on whether they felt KiwiSaver contributions should be compulsory, nearly two thirds, 62%, of the 672 respondents said, yes. Those closer to retirement age were the most likely to answer […]