Your online guide to KiwiSaver, the Government superannuation scheme
New research has revealed the prevalence of employers including KiwiSaver contributions as part of their employees’ total remuneration rather than on top of their earnings. The Retirement Commission surveyed more than 300 small, medium, and large organisations about the use of a total remuneration approach to KiwiSaver, finding that 45% use the model for at …
Continue reading “Employers including KiwiSaver as part of pay packets instead of on top”
A Canterbury law firm specialising in wills and estates is petitioning parliament to enable executors of wills to access funds of up to $25,000 without needing High Court paperwork. When a person dies with $15,000 or more in their KiwiSaver fund, executors have to apply to the High Court for probate (of a valid will) …
Continue reading “Probate petitions for probate tweak on KiwiSaver funds”
A Canterbury law firm specialising in wills and estates is petitioning parliament to enable executors of wills to access funds of up to $25,000 without needing High Court paperwork. When a person dies with $15,000 or more in their KiwiSaver fund, executors have to apply to the High Court for probate (of a valid will) …
Continue reading “Lawyer petitions for probate tweak on KiwiSaver funds”
Fisher Funds has announced it will remove performance fees across all its KiwiSaver and managed funds’ multi asset portfolios on July 1. Fisher clients were told performance fees will go in their monthly performance update. CEO Bruce McLachlan says Fisher wants to leverage the scale it has achieved through its acquisition of Kiwi Wealth last …