Some New Zealanders trying to transfer Australian superannuation funds back to this country are still facing difficulties, one adviser says. Trans-Tasman portability of superannuation funds has been possible since 2013. Funds can be transferred to KiwiSaver schemes. But Jeremy Hoskin, of Super-Advice, which helps with the process, said many people were still being left frustrated. […]
Category Archives: KiwiSaver Articles
SuperLife shines for NZX
SuperLife’s KiwiSaver business grew 26.6% in the six months to the end of June, the NZX has revealed today. The sharemarket operator has released its half-yearly financial results. Total NZX revenues for the hal- year of $37.9 million were up 10.3% on the previous corresponding period. Earnings before net finance expense, tax, depreciation and amortisation […]
Rules for bankrupt KiwiSaver members cause concern
A Court of Appeal ruling has given KiwiSaver balances more protection than other retirement savings when someone enters bankruptcy – a situation that has the Ministry of Business, Innovation and Employment concerned. MBIE wants to change the law after the ruling put KiwiSaver funds beyond the reach of the Official Assignee. MBIE is seeking submissions […]
Study to assess ways to help KiwiSaver members get better results
A trial has begun that will investigate the effectiveness of behavioral interventions to help KiwiSaver members make better financial decisions. The six-month project is an initiative from Kiwi Wealth, the Financial Markets Authority (FMA), the Commission for Financial Capability, and the Ministry for Business Innovation and Employment (MBIE). It will test how changes to the […]