[UPDATED, ADDS GENERATE COMMENT] A financial adviser who used to manage a small KiwiSaver scheme says the pressure will be on Pie Funds if it launches into the market. Pie Funds is believed to be planning to open a KiwiSaver scheme next year. Pie’s funder and chief executive Mike Taylor was not available to confirm …
Category Archives: KiwiSaver News
KiwiSaver members expect insurance: Mercer
KiwiSaver members expect their providers to offer them insurance, Mercer’s New Zealand managing director says. Mercer has launched two new products that have additional benefits for people who are also members of the firm’s KiwiSaver scheme. LifeProtect pays out in cases of death and terminal illness. BillProtect insures against inability to work due to redundancy, …
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FMA urges KiwiSaver check-up
FMA wants New Zealanders to give their KiwiSaver accounts an online health check as part of Money Week. It is directing consumers to its website, where it asks whether they know who their provider is, what type of fund they were in, whether their KiwiSaver account is on the right tax rate, how much they …
FSC: KiwiSaver delivering for middle NZ
A decision to remove the $1000 incentive for new KiwiSaver members was made on the basis of inaccurate information, the Financial Services Council says. This year’s Budget axed the kickstart, on the basis of a Treasury report that said the scheme offered the Government little value for money. In response, the FSC has commissioned its …