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Showing 11 - 20 of 24 results for "KiwiSaver Scheme"

PROFILE: AvSuper chief executive Michelle Wade

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The head of a large Australian superannuation fund once complained that a young employee at AAS didn't know anything about the super industry. Little did they know almost a decade later that same employee would be chief executive at AvSuper. Darren ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
... the necessary information required to transfer your retirement savings, the trustee must pay the amount to the KiwiSaver Scheme within 30 days," the ATO stated.

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
... From 1 July 2013 it will be possible to transfer retirement savings account proceeds between the New Zealand Kiwisaver scheme and Australian Prudential Regulation Authority (APRA) regulated super funds. The Trans-Tasman Portability Scheme marks the first ...

NZ Govt to enrol extra 1m into Kiwisaver

ALEX DUNNIN  |  THURSDAY, 25 AUG 2011
... national superannuation scheme Kiwisaver, for an estimated cost to taxpayers of A$600 million. The A$7 billion Kiwisaver scheme that makes up 13% of the NZ funds management sector operates on an 'opt-out' basis. But employees unhappy with paying the ...

KiwiSaver eggs more savings, but not enough

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
A survey has found far more New Zealanders are saving money for retirement but very few are using the KiwiSaver scheme to its full potential. AMP's SuperWatch survey found KiwiSaver is the preferred retirement savings option with 67 per cent of respondents ...

Asteron leaves KiwiSaver market

COMPANY RELEASE  |  FRIDAY, 30 APR 2010
Asteron is pulling out of the New Zealand KiwiSaver market. The firm is winding up its KiwiSaver Scheme at the end of May, which had more than 6,000 members with approximately $33 million in funds under management (FUM). The decision to withdraw from ...

KiwiSaver to drive fin literacy

RUTH LIEW  |  MONDAY, 14 JUL 2008
Gen X and Y Kiwis will be much more financially savvy than their predecessors because of the KiwiSaver scheme, predicts BT Funds Management. The New Zealand arm of BT Funds Management claims that in less than 20 years, an increasing number of young ...

AMP Fin Services Q1 cashflow drops $624m

RUTH LIEW  |  THURSDAY, 1 MAY 2008
... million in the previous corresponding quarter. The shining star is the firm's New Zealand business, thanks to the KiwiSaver scheme. Inflows for the quarter climbed 21 per cent to $196 million. Net cashflows were a staggering $40 million - up from $7 ...

PIS pre-empts NZ adviser surge

CHRIS NICHOLLS  |  WEDNESDAY, 5 SEP 2007
... industry in a very exciting stage at the moment, with the Government having introduced initiatives such as the Kiwisaver scheme to encourage New Zealanders to further plan to self-fund their own retirement," he said. He said the number of sponsors' representatives ...

AMP NZ shifts passive portfolio to 100% active

... rules in April and the proposed Portfolio Investment Entity (PIE) regime in October, as well as the launch of the KiwiSaver scheme, which is similar to Australia's compulsory superannuation system. Michelle Baltazar