KiwiSaver v wealth manager: Who’s best to manage our $1m nest egg? – Mary Holm
A: There are two unusual elements in your letter: you’re giving up home ownership in retirement. And your…
New Zealand has a boomer problem
We have too many boomers and not enough young workers to fund their retirements. National thinks its new…
KiwiSaver 12% plan risks backfiring without total pay ban, provider warns
“If we’re serious about building the future, and I am, it’s time to aim higher.” Simplicity managing director…
Election 2026: National promises to lift default KiwiSaver contribution to 12%
The change would be phased in, going up 0.5 percentage points a year a year from 2029. “If…
The KiwiSaver members wiping out their balances
The average withdrawal was about $10,000. Wrightson said it could have a lasting effect on a person’s retirement…
KiwiSaver turns 18, assets climb $5b to nearly $135b
“We have our first $1 billion default fund, and more on the way,” Bunkall said. KiwiSaver assets on…
Government to save nearly $2.5 billion in KiwiSaver changes over four years
A spokesman for Minister of Finance Nicola Willis said the forecast $2.467b savings over that period relates to…
FMA boss concerned about ‘stark inequality’ as number of people contributing to KiwiSaver falls for the first time
“If this trend continues, we risk a stark inequality between the contributing and non-contributing members of our national…
KiwiSaver assets rise to nearly $130b, Morningstar names top funds for Q2 – Stock Takes
As for default funds, all funds with the notable exception of Fisher Funds (2.3%) returned over 4%. “However…