Your online guide to KiwiSaver, the Government superannuation scheme
The Tax Working Group’s recommended tweaks to KiwiSaver are proof that any capital gains tax shouldn’t touch shares, retirement policy researchers say. The group released its final report last week, recommending a broad capital gains tax across all investment assets, including shares and business IP. It would mean fund managers would have to apply a …
Continue reading “Researchers: Keep CGT out of retirement savings”
While 2018 was a volatile year for KiwiSaver funds, all three Generate funds performed strongly versus the competition over the year and the past five years, according to leading investment research provider Morningstar. Lead Portfolio Manager Sam Goldwater commended the survey results, noting: “As a New Zealand owned and operated KiwiSaver specialist we are proud …
Continue reading “Generate KiwiSaver continues strong performances despite volatile 2018”
There are concerns that a bill that would make it easier for foster children to access KiwiSaver may be stopped in its tracks. The private member’s bill was introduced by National P Hamish Walker and would allow any foster parent to approach a KiwiSaver provider to open an account for a foster child in their …
An authorised financial adviser who has been granted an exemption to offer personalised roboadvice says the process was an involved one. Clive Fernandes is director and founder of National Capital, a financial advice firm that focuses on KiwiSaver. It is the fourth business to be granted the exemption by the Financial Markets Authority, behind Kiwi …