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Address at the Institute of Financial Advisors Annual Conference Success Forum 2008
25 July 2008
Speech by Commerce Minister Lianne Dalziel to Institute of Financial Adviser, Christchurch 10.00am, 25 July 2008
Consensus grows on financial advisers bill
24 July 2008
MPs and the finance sector appear to be reaching a consensus on regulation of financial advisers. Parliament's finance select committee heard submissions on the finance advisers' bill yesterday.
Seniors protest against rules on foreign pensions
24 July 2008
Septuagenarian protesters greeted Social Development Minister Ruth Dyson at an Auckland Grey Power meeting yesterday with placards demanding their rights to foreign pensions.
KiwiSaver law change to remove conflict
23 July 2008
Labour Minister Trevor Mallard says KiwiSaver legislation will be altered to ensure there is no conflict with employment law when workers and bosses thrash out remuneration packages.
Australia, NZ agree to progress work on mutual recognition of imputation and franking credits
17 July 2008
The Australian and New Zealand governments are open to the idea of moving toward mutual recognition of imputation and franking credits between firms that invest in each other's country, Australian Treasurer Wayne Swan and New Zealand Finance Minister Michael Cullen said today.
Agreement expected on trans-Tasman retirement savings portability by end of October
17 July 2008
Officials from Australia and New Zealand will finalise the text of a deal by the end of October that will facilitate the portability of private retirement savings across the Tasman, Australian Treasurer Wayne Swan and New Zealand Finance Minister Michael Cullen said at the conclusion of their first formal bilateral talks, which were held at Parliament in Wellington today.
Britain studies KiwiSaver scheme
14 July 2008
KiwiSaver has been subjected to a rigorous examination by retirement specialists in Britain to see if lessons can be learned before a new scheme is rolled out to Britons. In a move similar to that taken by the New Zealand Government with KiwiSaver, from 2012 British workers not already in occupational pension schemes will be enrolled into "personal accounts" unless they opt out.
Bosses' KiwiSaver loophole plugged
14 July 2008
Employers will no longer be allowed to pay less to KiwiSaver employees than to those not in the scheme, under a move to be announced today by Labour Minister Trevor Mallard. "There is no way that it is fair for one employee to be paid less each week in their take-home pay than an employee doing the same tasks.....
Evaluation of the impacts of KiwiSaver on New Zealand’s superannuation market
4 July 2008
The Ministry of Economic Development has commenced a study of the impacts of KiwiSaver on New Zealand's superannuation market and the wider financial sector. As part of this study a number of industry participants will be asked to take part in a workshop or interview. Read more....