NEW ZEALAND - Enrolment in the KiwiSaver scheme is occurring three times faster than was predicted, with more than 260,000 New Zealanders enrolled four months after it was launched.
KiwiSaver is a scheme designed to encourage saving for retirement which sees new employees automatically enrolled and gives others the choice of opting in. As of 29 October, the total number of KiwiSaver...
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 - 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).