Your online guide to KiwiSaver, the Government superannuation scheme
Employers are increasingly unwilling to provide one-on-one professional financial assistance to their employees in superannuation plans, according to a survey released last week by the Retirement Policy and Research Centre (RPPC). The Top 100 report, which surveyed 52 of New Zealand’s largest employers, found only 25% of respondents offered one-to-one help with their employees’ retirement …
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Investors who have joined the KiwiSaver scheme generally think they made the right decision though they fret about future government meddling with the programme, according to an ING (NZ) survey.About 95% of those who joined the scheme say they made a good decision, according to the quarterly survey. Some 50% are concerned the government may …
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In April alone there were 78,000 New Zealanders who joined KiwiSaver, in response to the government’s enhancements to the scheme. Finance Minister Michael Cullen On April 1, the government introduced compulsory employer contributions and the government tax credits to support them. Over 2,600 new KiwiSavers were signed up every day in April, making it the …
The number of New Zealanders in KiwiSaver has surged, following the employer contributions and tax credits that came into effect at the beginning of April.As at 9 April, 542,338 New Zealanders are enrolled in KiwiSaver, with over 20,000 of those members having joined from 1 April. “The number of New Zealanders getting behind KiwiSaver continues …
Continue reading “KiwiSaver numbers surge after 1 April changes”