The founder of a new responsible investment platform wants to get all KiwiSaver members to think about where their money is invested. Mindful Money, a new charitable social enterprise that wants to help people invest ethically, launched today. It is a free platform allowing investors to check what is in their KiwiSaver funds and find […]
Category Archives: KiwiSaver News
Fidelity life continues nib support
Fidelity Life and nib have confirmed joint quoting and application capabilities will continue from July 1. Nib products will continue to be supported in Fidelity Life’s Apollo and eApp services, while the Fidelity Life-nib paper multi-app will also be maintained. In addition, nib forms and collateral will still be available from Fidelity Life’s Adviser Centre. […]
Inland Revenue to act on PIRs
Inland Revenue is moving to help make sure investors, including KiwiSavers, get on the correct prescribed investor tax rate (PIR). Updated estimates show around 550,000 people have underpaid tax on their investments (including KiwiSaver) with an average of $80 to $90 owing per person for the 2019 tax year, says Inland Revenue deputy commissioner, Sharon […]
Online advice an opportunity for KiwiSaver: SuperRatings
Few KiwiSaver providers are offering online advice, research firm SuperRatings has found. Last year, 83% of schemes provided formal education material. But SuperRatings' research showed, when class advice was delivered by KiwiSaver providers to clients, it was usually in person. SuperRatings said the Australian experience had shown using a range of channels, including videos and […]