Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business. “The more problems you solve, the more like they are to stay with you,” Generate’s head of distribution, Kristian James, told advisers, adding that advising clients on other managed funds is also an opportunity for advisers. Speaking to a mix […]
Category Archives: KiwiSaver News
Industry wary of KiwiSaver changes
KiwiSaver providers are cautiously supportive of changes to make it easier for farmers to buy homes – but would prefer the tinkering with the system stopped. The Government announced at the weekend that the laws would change so that people who have jobs where accommodation is provided can still use their accounts to buy a […]
Debtfix takes hardship off providers’ hands
Debt solution charity Debtfix is working with a growing number of KiwiSaver providers, to help them handle their financial hardship withdrawal workload. Financial hardship withdrawal numbers have increased sharply in recent years. There were 10,000 more withdrawals last year than in 2024, to a total of 58,460. Each withdrawal requires KiwiSaver provider staff to process […]
Call for money for kids as part of KiwiSaver 2.0
Redirecting government KiwiSaver contributions to children and young people could be a way to set them up for life, at little additional cost, KiwiSaver providers say. KiwiSaver is shaping up to be an election issue this year. Both National and NZ First have so far revealed plans to increase what people must contribute, amid concerns […]