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Showing 41 - 50 of 77 results for "Kiwis"

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
While there is lots of self flagellation over super fund fees in Australia, Australian fund fees may be closer to best practice than we realise. In a submission to the Financial Systems Inquiry (FSI) by the New Zealand Council of Financial Regulators ...

Bravura adds new global product development role

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
Bravura Solutions has appointed John Waddy, its current chief operating officer for EMEA wealth management, to a new global product development role with responsibility for the delivery of Sonata across EMEA and APAC. In his new role, Waddy will oversee ...

Obama launches myRA

ALEX DUNNIN  |  MONDAY, 3 FEB 2014
President of the United States Barack Obama has proposed a new retirement savings program called MyRA to help Americans prepare for retirement. The plan was unveiled in last week's 2014 State of the Union address. The plan will not require Congressional ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements. Under the trans-Tasman portability arrangements which came into effect ...

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
The government's finalised regulations have allowed superannuation rollovers between Australia and New Zealand but exclude self-managed super funds (SMSFs). From 1 July 2013 it will be possible to transfer retirement savings account proceeds between ...

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
TOWER Limited has sold most of its life insurance business to Fidelity Life in deal worth $189 million. Fidelity Life is a New Zealand owned company that specialises in life insurance, personal protection, business insurance, savings, investment and ...

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 ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... policies independent of its European brethrens. The Australian government has only us, Australians -- and oh perhaps, the Kiwis -- to answer to. Perhaps S&P is just getting back at Australia for the Federal Court's ruling that it, according to reports ...

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
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry. The inquiry was called in 2009 ...