The Retirement Commissioner has entered the KiwiSaver analysis market with a fee calculation tool.It says the tool will help people “with the complicated task of working out which KiwiSaver fund is most suitable for them.” “Our independent estimate of KiwiSaver fees will help New Zealanders make a more informed decision on which KiwiSaver provider and […]
Category Archives: KiwiSaver News
KiwiSaver numbers pass 380,000 in first six months
The number of New Zealanders signed up for KiwiSaver at the end of the scheme’s first six months is far more than was expected for its first year, announced Finance Minister Michael Cullen and Revenue Minister Peter Dunne. Press Release As at 31 December, 381,000 New Zealanders were actively saving for their retirement through KiwiSaver. […]
Politicians raspberry Retirement Commissioner’s idea
The Retirement Commissioner’s suggestion of lifting the age New Zealand Superannuation kicks in has been greeted with a resounding raspberry by both main political parties.”No way,” was how Finance Minister Michael Cullen responded to a question about it from Good Returns at a briefing on the government’s Half Yearly Economic and Fiscal Update. Cullen said […]
KiwiSaver numbers surge past 300,000
The number of people joining KiwiSaver continues to defy initial expectations with over 316,000 New Zealanders signing up in just the first five months, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.As at 30 November, 316,865 New Zealanders were actively saving for their retirement through KiwiSaver. This news comes just a month […]