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 […]
Category Archives: KiwiSaver Articles
Nikko plots KiwiSaver launch
Nikko Asset Management is to launch a KiwiSaver fund offered via roboadvice. The fund manager is set to offer the scheme to the market next year. The fund manager has a strong institutional backing in New Zealand but has been working on growing its reach in the financial adviser community. It is also planning to […]
Simplicity lists on platforms
Low-cost KiwiSaver provider Simplicity is making changes that affect advisers. Founder Sam Stubbs said “quite a few” members were now coming through advisers. It has put its funds on to the FNZ platform and is working through the process of placing them with Aegis. Simplicity offers both KiwiSaver and non-KiwiSaver passive funds and has almost […]
KiwiSaver: Next crunch could be tougher
KiwiSaver members shrugged off the only real downturn they have experienced because government incentives covered up its impact – but next time will not be so easy, new analysis suggests. The superannuation savings scheme has attracted many more members than was anticipated when it launched – it now has more than 2.7 million members and […]