Your online guide to KiwiSaver, the Government superannuation scheme
The September quarter saw KiwiSaver funds rebound, with all types of funds producing positive returns as fears of a double-dip recession eased, according to the latest Mercer KiwiSaver survey. KiwiSaver returns received a boost as global share markets, which took a battering in the June quarter, bounced back. KiwiSaver growth funds – which have the …
Continue reading “‘Bumpy’ ride for KiwiSavers may not be over”
The September quarter saw KiwiSaver funds rebound, with all types of funds producing positive returns as fears of a double-dip recession eased, according to the latest Mercer KiwiSaver survey. KiwiSaver returns received a boost as global share markets, which took a battering in the June quarter, bounced back. KiwiSaver growth funds – which have the …
Continue reading “‘Bumpy’ ride for KiwiSavers may not be over”
The Real Property KiwiSaver Scheme (RPKS) was closed down in May and the funds of members are now to be distributed to other providers. RPKS director Lindsay Hay says a bulk cheque from the funds has been given to Prince Partners to distribute. He says about 90% of RPKS members have chosen a new KiwiSaver …
Continue reading “Real Property KiwiSaver Scheme pulls the pin”
Making KiwiSaver a compulsory savings isn’t the silver bullet to address New Zealand’s dismal savings record, with the evidence across the Tasman unclear, according to the Savings Working Group. The group’s chairman, Kerry McDonald, told a media briefing in Wellington the group was using Australia as a “laboratory” to draw on the experience across the …
Continue reading “Compulsory KiwiSaver not necessarily silver bullet”