Although Westpac missed on on being getting default provider status with KiwiSaver, it has done well in attracting people.Westpac says that one in every five people who has actively chosen a KiwiSaver scheme has selected the Westpac KiwiSaver scheme. The Westpac scheme, is run by its investment subsidiary BT Funds. BT Funds senior product manager …
Category Archives: KiwiSaver News
Dunne says KiwiSaver should be compulsory
Revenue Minister Peter Dunne says that KiwiSaver should be turned into a compulsory savings scheme once the majority of workers have signed up to it. He says it’s a short step from where it is now to the “conclusion that the logical next move is to make KiwiSaver compulsory. Dunne says the strong public support …
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KiwiSaver enrolments exceed 200,000
In the first three months of KiwiSaver the enrolment figures have already broken through the 200,000 mark, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today. Press Release As of 5 October, the total number of KiwiSaver enrolments processed by Inland Revenue had reached 212,794. This is a 64% increase in enrolments since …
Responsible investments for KiwiSaver schemes
KiwiSaver schemes will be required to disclose their approach to responsible investment from 1 April 2008 under legislative proposals released today by Finance Minister Michael Cullen and Revenue Minister Peter Dunne. Press Release KiwiSaver schemes will be required to disclose their approach to responsible investment from 1 April 2008 under legislative proposals released today by …
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