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KiwiSaver

Now not the time for compulsory savings, says business lobby

Now not the time for compulsory savings, says business lobby
Wellington, Aug 17 NZPA - The Council of Trade Unions (CTU) has big ideas of working towards a compulsory savings scheme where employers make the lion's share of contributions, but a business lobby says now is not the right time to increase the burden.

A Milestone For First Home Buyers And KiwiSaver

A Milestone For First Home Buyers And KiwiSaver
The clock is ticking and my advice to those that qualify and have time on their side, take action now.

False Sense Of Kiwisaver Security: Survey

False Sense Of Kiwisaver Security: Survey
Wellington, March 10 NZPA - A new survey shows many KiwiSaver members have a false sense of security about their investments, research company UMR says.

Kiwibank Plans To Seek Funding Offshore

Kiwibank Plans To Seek Funding Offshore
Wellington, Aug 20 NZPA - Kiwibank is for the first time planning to seek funding offshore, due to the pressure on domestic funding sources. Chief executive Sam Knowles said the move had been inevitable but was being brought forward a couple of years from what was previously expected.

Kiwibank's Annual Profit Up 43 Percent

Kiwibank's Annual Profit Up 43 Percent
Wellington, Aug 20 NZPA - Kiwibank has announced a normalised after-tax profit for the year of $52.5 million, up 43 percent from $36.8m last year. Chief executive Sam Knowles described the result, for the year ended June 30, as "a clear indication that the bank is on a strong growth path".

Labour Says Govt Policies Haven't Helped Savings

Labour Says Govt Policies Haven't Helped Savings
Wellington, July 17 NZPA - The Government says it is working on economic problems identified by an international rating agency but Labour believes budget decisions contributed to the negative review announced yesterday.

No More Using Kiwisaver For Mortgage Payments

No More Using Kiwisaver For Mortgage Payments
Wellington, May 28 NZPA - There will be no more using KiwiSaver money to help with mortgage repayments.

Which Investment Should I Choose: Bank, Shares or Classic Cars?

I am a 20-year-old apprentice mechanic, a member of KiwiSaver and have a term investment of $10,000 coming due next month.

Mercer Adds Kiwisaver Option

Mercer Adds Kiwisaver Option
Wellington, May 20 NZPA - Mercer says it has added a responsible investment option for KiwiSaver members.

Cullen Draws The Curtain On A 27-Year Long Parliamentary Career

Cullen Draws The Curtain On A 27-Year Long Parliamentary Career
Wellington, April 7 NZPA - The curtain will fall on Michael Cullen's 27-year-long parliamentary career at the end of the month.

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