Huljich does another KiwiSaver deal

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 […]

Recession no deterrent to KiwiSaver

The deepest recession in more than 30 years has failed to dent New Zealanders’ appetite for KiwiSaver, according to the latest update by the tax department. Over the past six months, some 190,000 New Zealanders have signed up to the government-sponsored retirement scheme, taking total enrolments to more than 1.1 million. The trend has mirrored […]

KiwiSaver law changes expensive for employers

The “total remuneration” approach to KiwiSaver has been effectively banned in legislation rushed through Parliament under urgency last week.In essence, the new law says a KiwiSaver member cannot be offered lesser terms (or be otherwise disadvantaged) in comparison with a “comparable” non-member employee of similar skills, experience and circumstances. The government’s rapid U-turn on total […]