Inland Revenue to act on PIRs

Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate (PIR). Updated estimates show around 550,000 people have underpaid tax on their investments (including KiwiSaver) with an average of $80 to $90 owing per person for the 2019 tax year, says Inland Revenue deputy commissioner, Sharon […]

Online advice an opportunity for KiwiSaver: SuperRatings

Few KiwiSaver providers are offering online advice, research firm SuperRatings has found. Last year, 83% of schemes provided formal education material. But SuperRatings' research showed, when class advice was delivered by KiwiSaver providers to clients, it was usually in person. SuperRatings said the Australian experience had shown using a range of channels, including videos and […]