Your online guide to KiwiSaver, the Government superannuation scheme
NZ Funds has conducted some research on what people like and what motivates their decisions when making KiwiSaver decisions. It makes for interesting reading. There has been a lot of conjecture in the media about what KiwiSaver investors should focus on, but less research into what they like and what motivates their decision. Recent media, and to …
Continue reading “What New Zealanders want from KiwiSaver may surprise you”
Commission should be banned for financial advisers offering advice on KiwiSaver, Milford Asset Management chief executive Troy Swann has told an even in Auckland. The Commission for Financial Capability this week held its annual summit. A panel was asked for views on how KiwiSaver should be changed, as it goes into its second decade of …
New Zealand’s financial advice sector is cautiously optimistic about plans for KiwiSaver annual statements to show members what their projected balances could produce in income. Commerce and Consumer Affairs Minister Kris Faafoi is seeking feedback from KiwiSaver providers on the introduction of the new information. “We want people to have access to clear, easy-to-understand information …
Continue reading “Advisers welcome more detailed projections”
Concerns about KiwiSaver creating inequity in the retired population would be better tackled by abolishing the scheme entirely than introducing new tax incentives to get people saving more, the working group considering the future of tax policy has been told. The Tax Working Group recently took submissions from the public on New Zealand’s tax system. …
Continue reading “KiwiSaver incentives ‘don’t help those who need it most’”