Category Archives: KiwiSaver Articles

Savers would be better off in a government-run KiwiSaver scheme, new data suggests. As part of coalition negotiations in October, the Green Party asked Treasury to do some analysis of the cost to establish and run a default public KiwiSaver fund and the potential savings benefits for average KiwiSaver members at retirement. A scheme administered […]

A Government-run KiwiSaver scheme would have an unfair disadvantage that could push other providers out of business. The KiwiFund Bill has been drawn from Parliament’s members’ bill ballot. If it’s passed it would put in motion an independent working group to establish a government-run and owned KiwiSaver scheme, KiwiFund. It’s an idea that NZ First […]

New Zealanders have missed out on KiwiSaver returns because of their lack of exposure to the local share market, one manager says. Milford Asset Management executive director Brian Gaynor has rejected calls for KiwiSaver to be made compulsory, saying it would take the competitive onus away from fund managers. But he said changes were needed.  […]

Michael Cullen chairing the new government’s tax working group could be a boon to the KiwiSaver industry, it has been predicted. Cullen, the architect of the retirement savings scheme, will head up the group which will have  “wide mandate” to look at New Zealand’s whole tax system. It has specifically been tasked with looking at […]