News

Employers can use KiwiSaver as tool to attract and retain staff

26 September 2016

There are few businesses in New Zealand who do not have something to do with KiwiSaver. With more than 2.5 million people in the scheme after almost 10 years in operation, managing contributions has become as much a part of life as dealing with PAYE and GST. Stuff.co.nz. More> 

Concern non-underwritten products not well explained

26 September 2016

A lack of information may have caused some customers to take out expensive, non-underwritten insurance policies, when they would easily have qualified for normal cover, it has been claimed. Goodreturns.co.nz. More> 

Commission ban 'errant nonsense'

26 September 2016

New Zealand advisers are backing a prediction that there will be a global ban on commission within five years – but one fund manager has described it as "nonsense”. Goodreturns.co.nz. More> 

Westpac keeping eye on Australian sales incentive change

26 September 2016

Westpac is removing sales incentives for its frontline staff in Australia as part of its work to rebuild trust with customers – but says the situation is different in New Zealand. Goodreturns.co.nz. More> 

Healthy investment opportunities in New Zealand private companies

24 September 2016

A question facing New Zealand investors now is how to consider their growth portfolio allocation in the context of a sharemarket that has risen so far. On a valuation basis (the price of shares relative to underlying corporate earnings) the price of the full NZX listed basket of companies has risen from a ratio of 16.3 times (trailing) earnings at 1 January 2014 to approximately 20.0 times today. Milford. More> 

Italian bathroom or happy retirement?

24 September 2016

We love to dip into our savings. Sometimes we don't even realise we're doing it. But there's a group of us aged 45 to 65 for whom it has become the norm. NZ Herald. More> 

Call for Ban on Kiwisaver Investments in Offensive Weapons

24 September 2016

The Aotearoa New Zealand Association of Social Workers is calling on the Government to legislate to ban Kiwisaver providers from investing in companies which produce internationally illegal weapons including cluster munitions, anti-personnel mines. Scoop. More> 

Minister refuses to release KiwiSaver advice

24 September 2016

The Minister of Commerce Paul Goldsmith has refused to publicly release legal advice on KiwiSaver funds investing in controversial arms companies. Last month, RNZ News reported at least five default KiwiSaver providers were investing in companies making cluster bombs and anti-personnel mines. Radio New Zealand. More> 

FMCA a big blow for workplace super

23 September 2016

Only the biggest non-KiwiSaver workplace superannuation savings schemes are likely to survive the knock-out punch of December 1’s impost of new regulations, financial law experts claim. Goodreturns.co.nz. More> 

Volatility hits NZ Super Fund

23 September 2016

Negative returns on global equities have hit the NZ Super Fund’s return in the year ended June 2016. Goodreturns.co.nz. More>