NEW ZEALAND - More than half (57%) of New Zealanders believe that KiwiSaver membership should be compulsory, according to research released by the Financial Services Institute of Australasia (Finsia).
The research, commissioned in conjunction with the Institute of Financial Advisers (IFA) as part of Financial Awareness Week, found the largest proportion of respondents (27%) believe it should be compulsory...
NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.
NEW ZEALAND - The New Zealand Superannuation Fund rose by 25% in the year to June to hit a new high of NZ$19.03bn ($14bn), its annual report shows.
AUSTRALIA/NEW ZEALAND - Northern Trust has appointed Rohan Singh as managing director of its Australia and New Zealand business.
NEW ZEALAND - The New Zealand Superannuation fund has returned 25.05% for its fiscal year ending June 2011.
NEW ZEALAND - The government's 2011/2012 proposed budget will halve matching tax credits for members' voluntary contributions to KiwiSaver while increasing employer and employee contributions to the scheme.