The number of people joining KiwiSaver continues to defy initial expectations with over 316,000 New Zealanders signing up in just the first five months, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.As at 30 November, 316,865 New Zealanders were actively saving for their retirement through KiwiSaver. This news comes just a month […]
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Investment the key, says Cullen
New Zealand’s efforts to be economically strong should include increased capital investment by manufacturing and other firms, Deputy Prime Minister Michael Cullen says. The service and manufacturing sector in particular needed to change to help drive New Zealanders’ incomes towards those in Australia, Cullen told The Press after the 20/20 Primary Industries Summit in Christchurch […]
The role of financial advice in KiwiSaver
KiwiSaver opens up great opportunities for financial advisors, and it also brings its share of responsibilities. Press Release by Hon Michael Cullen Speech to the FundSource Annual Investment Conference, Langham Hotel, 83 Symonds Street, Auckland. 2:00pm Friday, 9 November 2007. Thank you for the opportunity to talk about the role of financial advice in KiwiSaver. […]
Westpac winning KiwiSavers
Although Westpac missed on on being getting default provider status with KiwiSaver, it has done well in attracting people.Westpac says that one in every five people who has actively chosen a KiwiSaver scheme has selected the Westpac KiwiSaver scheme. The Westpac scheme, is run by its investment subsidiary BT Funds. BT Funds senior product manager […]