News

All Change for Workplace Savings

30 August 2010

The next decade will see unprecedented change in New Zealand's savings landscape. That's the prediction from New Zealand's premier savings industry conference ‘Workplace Savings 20/20' that ended on Friday.

Too early to rate savings success of KiwiSaver

30 August 2010

It's too soon to tell if KiwiSaver has helped to boost retirement savings, industry experts speaking at the Workplace Savings NZ 2010 Conference say.

Investor care paramount, Govt tells savings industry

30 August 2010

The Government has delivered a thinly veiled warning to the savings industry to pick up its game when it comes to protecting investor interests.

Wide brief for expert group on savings options

24 August 2010

An independent Savings Working Group announced today by the Government has a wide brief to consider how New Zealand can improve its national savings, Finance Minister Bill English says.

How hard should we be saving for Retirement?

24 August 2010

New Zealand should look to overseas experience as this country debates the adequacy of our approach to retirement income.

Financial Service Providers register to open Monday

13 August 2010

Commerce Minister Simon Power is urging people who provide financial services to register with the Financial Service Providers Register when it opens on Monday 16 August.  "The opening of the register marks the start of the transition to full implementation of the Financial Advisers Act and the Financial Service Providers Act", Mr Power said.

Fund managers back simplification plans

6 August 2010

Fund managers are backing a proposal to shorten investment disclosure for managed funds to make offer documents easier for investors to understand.

Grandfathering employer super schemes 'not credible'

4 August 2010

A Government suggestion to force the closure of employer-based defined contribution superannuation plans is a "bombshell" and "not a credible option", according to a commercial lawyer specialising in superannuation.

Review of Securities Law

13 July 2010

The long anticipated review of New Zealand's securities law is now underway with the launch of a 200-page discussion document seeking input on the scale, scope and direction of change.  Submissions to the Ministry of Economic Development (MED) close on 20 August 2010.  To inform our submission to the MED we invite members of Workplace Savings to share their views and/or concerns to the questions raised in the discussion document.

Is KiwiSaver a cannibal?

5 July 2010

If there was ever any doubt that KiwiSaver has been the saviour of New Zealand's retail funds management industry the latest quarterly figures from the trans-Tasman alliance of actuarial firms, Plan for Life and Eriksen & Associates, put that to rest.