News

New KiwiSaver award keeps tab on providers

9 November 2009

David Ireland, Chairman of Workplace Savings NZ appeared on TV3's ASB Breakfast this morning to discuss our new "Peoples Choice KiwiSaver Award".   Click on the link to view the interview with Michael Wilson.

NZ sitting on superannuation timebomb: Treasury

30 October 2009

The Treasury has issued a "choose your poison" challenge to the Government, warning that if serious consideration is not given to pegging the costs of superannuation other public services will suffer.

Minister changes QFE rules

13 October 2009

Commerce Minister Simon Power has proposed a range of "technical tweaks" around the incoming Qualifying Financial Entity (QFE) regime, in a bid to meet industry concerns.

More changes for KiwiSaver, says English

7 August 2009

At an Association of Superannuation Funds of New Zealand forum in Wellington, English reiterated that the Government did not intend making drastic changes to the Labour-initiated KiwiSaver scheme.

Forum to “de-mystify workplace savings”

6 August 2009

De-mystifying the workplace savings experience is essential if New Zealanders are to understand the information provided to them, and the financial implications of the decisions they make.

Super portability agreement signed

16 July 2009

Australia and New Zealand today signed a memorandum of understanding that paves the way for a new scheme that will allow transfers of retirement saving between certain Australian superannuation funds and New Zealand KiwiSaver funds. The scheme is expected to be in place by mid-2010.

Trans-Tasman Retirement Savings Portability

15 July 2009

Giving New Zealanders returning permanently from Australia the ability to bring their compulsory retirement savings back home if they so choose is a positive move, according to the Association of Superannuation Funds of New Zealand (ASFONZ) which promotes workplace savings.

New Australia-NZ double tax agreement signed

29 June 2009

The introduction of a new double tax agreement between Australia and New Zealand took a major step forward with the signing today of an agreement that, once in force, will replace the existing 1995 double tax agreement.

Trans-Tasman savings portability – will the tax changes go far enough?

24 June 2009

An announcement on the detail of a trans-Tasman retirement savings portability scheme may be imminent, with effect possibly as early as the first quarter of next year.  The package, which represents the culmination of more than two years' work by officials, addresses some of the tax issues involved in creating a single trans-Tasman market for superannuation. 

Crisis makes Kiwis more financially savvy

22 June 2009

First the good news: Since the Retirement Commission last assessed our financial intelligence back in 2006, we have got smarter.