KiwiSaver opens up great opportunities for financial advisors, and it also brings its share of responsibilities. Press Release by Hon Michael Cullen Speech to the FundSource Annual Investment Conference, Langham Hotel, 83 Symonds Street, Auckland. 2:00pm Friday, 9 November 2007. Thank you for the opportunity to talk about the role of financial advice in KiwiSaver. […]
Category Archives: KiwiSaver News
Westpac winning KiwiSavers
Although Westpac missed on on being getting default provider status with KiwiSaver, it has done well in attracting people.Westpac says that one in every five people who has actively chosen a KiwiSaver scheme has selected the Westpac KiwiSaver scheme. The Westpac scheme, is run by its investment subsidiary BT Funds. BT Funds senior product manager […]
Dunne says KiwiSaver should be compulsory
Revenue Minister Peter Dunne says that KiwiSaver should be turned into a compulsory savings scheme once the majority of workers have signed up to it. He says it’s a short step from where it is now to the “conclusion that the logical next move is to make KiwiSaver compulsory. Dunne says the strong public support […]
KiwiSaver enrolments exceed 200,000
In the first three months of KiwiSaver the enrolment figures have already broken through the 200,000 mark, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today. Press Release As of 5 October, the total number of KiwiSaver enrolments processed by Inland Revenue had reached 212,794. This is a 64% increase in enrolments since […]