Category Archives: KiwiSaver News

Parliament has passed a major omnibus tax bill into law which clears up rules around payouts to the estates of deceased KiwiSaver members. The issue hit the headlines earlier this year with media reports about how KiwiSaver managers were unable to make payments to estates due to complications with the law. The Taxation (International Taxation, […]

Huljich Wealth Management has confirmed that it has sacked a number of advisers selling its KiwiSaver funds due to their selling practices. As first reported on Good Returns last week the Securities Commission is investigating complaints of illegal house-to-house marketing of KiwiSaver schemes. “A number of accredited distributors have been terminated for distributing the Huljich […]

Huljich Wealth Management has finalised another distribution deal to sell its KwiSaver funds to the public. It has formed a strategic sales alliance with financial services company, DorchesterLife to sell its funds. Huljich already sells its funds through distribution deals with NZF Money and Mike Pero Mortgages. Currently Huljich has around 45,000 KiwiSaver members and […]

The deepest recession in more than 30 years has failed to dent New Zealanders’ appetite for KiwiSaver, according to the latest update by the tax department. Over the past six months, some 190,000 New Zealanders have signed up to the government-sponsored retirement scheme, taking total enrolments to more than 1.1 million. The trend has mirrored […]