News

FMA regulatory update to support business implementing the FMC Act

15 August 2016

To support businesses implementing the Financial Markets Conduct Act 2013 (FMC Act), the FMA has been working, in consultation with the sector, on various legislative tools such as exemptions,
frameworks, methodologies, public accountability notices, and designations (the FMA’s legislative tools).

KiwiSaver and beyond – turning a lump sum into a smooth income

1 September 2015

A survey of New Zealanders approaching retirement has found one in four people are unsure of how to manage the money in their KiwiSaver funds when they reach 65.

“Global Best Practice” sought for KiwiSaver Default providers

25 February 2013

Workplace Savings NZ is calling on the Government to implement global best practice design as part of its review of KiwiSaver Default Provider arrangements.

AMP to consolidate KiwiSaver schemes

22 February 2013

AMP has confirmed it will merge the two giant KiwiSaver schemes it operates which hold money on behalf of more than 260,000 KiwiSaver members.

FATCA - release of final regulations

7 February 2013

On January 17, 2013, the US Treasury and Internal Revenue Service released the long awaited final Foreign Account Tax Compliance Act (FATCA) regulations.

Women lag in retirement savings

31 January 2013

New KiwiSaver figures confirm fears that women aren't keeping up with men on retirement saving.

KiwiSaver option drawcard for young

24 January 2013

A call to rethink KiwiSaver's first-home withdrawal facility risks turning young people off the scheme, says a retirement savings researcher.

Dairy Industry Super Scheme takes top prize

7 December 2012

The Dairy Industry Superannuation Scheme and Gareth Morgan Investments were the big winners at last night’s 2012 Workplace Savings NZ Communication Awards held in Auckland.

Court backs workers on KiwiSaver

4 December 2012

A landmark ruling by the Employment Court could effectively raise the minimum wage for workers enrolled in KiwiSaver.

KiwiSaver's first retirees may withdraw funds

30 April 2012

Kiwisavers turning 65 should be able to set up free regular payments to supplement their incomes when the first retirees become eligible in July, says Workplace Savings NZ.