19 May 2011
The KiwiSaver changes announced in the Budget do not alter the need for people to save for their retirement, but they will make the journey to your savings goal much tougher.
9 May 2011
In a speech to Greypower, Prime Minister John Key told the audience at their AGM in Hamilton that the National Government has delivered to superannuitants and will continue to do so.
4 May 2011
The Government has a golden opportunity in this year's Budget on 19 May to continue to build trust in New Zealand's financial markets by not tinkering with KiwiSaver benefits. Workplace Savings NZ Chairman David Ireland says the industry considers it highly likely that KiwiSaver incentives are at the top of the list of the Government's savings targets in the upcoming Budget, and another casualty might be the first home deposit subsidy from Housing New Zealand.
2 May 2011
The Financial Markets Authority officially opened for business today, almost a year to the day after Commerce Minister Simon Power announced its formation. The FMA takes over the functions of the Securities Commission and Government Actuary which are being disestablished, and consolidates other regulatory functions from the Ministry of Economic Development.
27 April 2011
A new report by the Organisation for Economic Cooperation and Development (OECD) argues New Zealand to favour a capital gains tax, and lift the retirement age.
19 April 2011
Commerce Minister Simon Power today announced relief for earthquake-affected Cantabrians who have KiwiSaver accounts by making it easier for them to withdraw their contribution.
11 March 2011
Workplace Savings NZ has today made its submission on the above to the Ministry of Economic Development. Our appreciations to all of our members who contributed their time and expertise to this work. Click here to read what we had to say.
3 February 2011
Industry players have welcomed a proposal to automatically enrol all employees aged over 18 into KiwiSaver but warn more changes to the scheme are likely to bring more costs - some of which will have to be passed on to savers.
2 February 2011
The Chairman of Workplace Savings NZ David Ireland says the recommendations are a starting point for discussions around KiwiSaver, but not the solution.
“Leaving KiwiSaver voluntary for the time being makes a lot of sense, for the reasons set out in the report, but you can be sure this will not be the end of the compulsion debate"
1 February 2011
The Savings Working Group released its final report "Saving New Zealand: Reducing Vulnerabilities & Barriers to Growth & Prosperity" to the Minister of Finance today.