Author Archives: admin

KiwiSaver starting today discriminates against people aged 65 and over, the Employers & Manufacturers Association (Northern) says. Press Release “This is from the government that sensibly passed the law removing a retirement age from all employment agreements and reinforced the illegal nature of any discrimination against older people,” said Alasdair Thompson, EMA’s chief executive. “By […]

All the information employers and individuals need about KiwiSaver is readily available, says Inland Revenue Deputy Commissioner Colin MacDonald. Press Release Inland Revenue has sent 1.5 million Employee Information Packs and 200,000 Employer Guides to employers registered with the department. More than 130,000 copies of the packs have so far been downloaded from www.kiwisaver.govt.nz, which […]

As we rapidly approach 1 July (Sunday), opening date for KiwiSaver, it has become clear that there has been a surge in public interest, said Vance Arkinstall, CEO, Investment Savings & Insurance Association (ISI). Press Release Following the Budget announcements providing a tax credit of up to $20 per week and the phased in compulsory […]

TOWER shows a new side of its personality today, with the launch of its new KiwiPlan website at www.towerkiwiplan.co.nz. Press Release Since long before the KiwiSaver Act was passed, the Government recognised a need for New Zealanders to become more financially literate. Even so, most investment statements and explanatory notes on investments and superannuation are […]