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.
Wellington, March 10 NZPA - A new survey shows many KiwiSaver members have a false sense of security about their investments, research company UMR says.
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.
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".
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.