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Showing 51 - 60 of 83 results for "Kiwis"

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 ...

Mercer appoints outsourcing head for Aust/NZ

ELISE BURGESS  |  FRIDAY, 10 FEB 2012
Ben Walsh has been appointed as the outsourcing market business leader for Australia and New Zealand, responsible for administration and services such as Mercer Super Trust, corporate stand-alone clients and industry and public sector funds. Mercer's ...

AMP Financial Services posts strong results

ELISE BURGESS  |  THURSDAY, 27 OCT 2011
AMP Financial Services has recorded strong results with a 21% increase in platform growth for its 2011 third quarter results and a 24% rise in superannuation product, AMP Flexible Super. Announced today by AMP Limited, AMP Financial Services assets ...

NZ Govt to enrol extra 1m into Kiwisaver

ALEX DUNNIN  |  THURSDAY, 25 AUG 2011
The New Zealand Government is proposing to automatically enrol about 1 million employees into their de facto national superannuation scheme Kiwisaver, for an estimated cost to taxpayers of A$600 million. The A$7 billion Kiwisaver scheme that makes up ...

Diversified pension policy is best: OECD

ALEX DUNNIN  |  WEDNESDAY, 25 MAY 2011
National pension policy is a balancing act between adequacy and sustainability, a balancing act that G20 countries are finding increasingly difficult to maintain, reveals a major OECD report. Restoring this balance is forcing countries to adopt policies ...