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Showing 41 - 50 of 75 results for "KiwiSaver"

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
... of Business, Innovation and Employment) it was revealed that the weighted average Total Expense Ratios (TER) for all KiwiSaver funds is 0.92%. The average TER for the nine KiwiSaver default funds that account for 22% of KiwiSaver assets under management ...

Bravura adds new global product development role

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
... currently has nine contracted Sonata projects underway around the world covering wrap, superannuation, life insurance and KiwiSaver, across the UK, Australia, New Zealand and Asia. There are a number of additional opportunities in the pipeline. Bravura ...

Obama launches myRA

ALEX DUNNIN  |  MONDAY, 3 FEB 2014
... Retirement Account, may not be modelled directly on Australia's MySuper policy which in-turn was modelled on New Zealand's KiwiSaver, but it nonetheless bares some similarities. He said in his State of the Union speech: "While the stock market has doubled ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
... portability arrangements which came into effect on 1 July, New Zealand immigrants can consolidate their Australian super in a KiwiSaver account. Under the provisions, once the superannuant has shown that they have moved permanently to New Zealand, their ...

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
... (SMSFs). 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 ...

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
... Zealand owned company that specialises in life insurance, personal protection, business insurance, savings, investment and KiwiSaver. Under the agreement with Fidelity, TOWER will sell most of its non-participating life insurance policies, retaining ...

KiwiSaver up 36% to A$12.2bn

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
KiwiSaver combined funds under management reached A$12.2 billion at end December last year after posting annual growth of 36%, more than twice the growth rate experienced by Australian super funds. KiwiSaver is the New Zealand equivalent of Australia's ...

KiwiSaver 5 years going strong

ALEX DUNNIN  |  WEDNESDAY, 18 JUL 2012
KiwiSaver, New Zealand's opt-out default workplace superannuation scheme, has just had its fifth birthday and despite its early critics now has almost 2 million members and $A8.8bn in assets. KiwiSaver membership is equivalent to about two-thirds of ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
... likely compromise, which, ironically, is very similar to the way employer super works in New Zealand with a panel of KiwiSaver default funds. Reflecting these issues, the response from superannuation industry players is largely as expected. Matt Linden ...

Mercer appoints outsourcing head for Aust/NZ

ELISE BURGESS  |  FRIDAY, 10 FEB 2012
... $55 billion of funds under administration, providing administration and member services for the Mercer Super Trust, Kiwisaver, corporate stand-alone clients, multi-employer (industry and public sector) funds and private client financial advisory services. ...