Blog
Estating case for getting HomeStart Grant
Posted in Kiwisaver on
Lawyer Therese Singleton, AMP's general manager of insurance and investments, says an estate in land includes bare land (upon which to build) or a land and building. "A KiwiSaver first-home withdrawal can be used to purchase either," she says.
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Brian Gaynor: KiwiSavers throw away thousands of dollars
Posted in Kiwisaver, Savings on
The latest KiwiSaver data clearly shows that the scheme has been a phenomenal success with one notable exception: a large number of scheme members are receiving no advice or poor direction and are in the wrong funds. As a consequence, these investors are throwing away tens of thousands of dollars of potential retirement savings.
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Generate KiwiSaver Scheme Investment Provider of Year
Posted in Kiwisaver on
The Generate KiwiSaver Scheme has been awarded Investment Provider of the Year for the second year running. At the Professional Advisers Association Excellence Awards held yesterday the Generate KiwiSaver Scheme won the Investment Provider of the Year for the second year running. Advisers were asked to rate investment providers, not only on performance but also on the quality of communications and investment statements, services and education to clients, and support to advisers.
View moreYoung people limiting retirement savings by choosing wrong funds
Posted in Kiwisaver on
Are you short-changing yourself of hundreds of thousands of dollars? Many KiwiSaver members have been troubled to see their balances take a hit over the past week, amid international share market volatility. But some are still unaware that their balances are being eroded much more seriously by something that is completely under their control: Being in the wrong type of fund. It is a problem that is particularly bad for KiwiSaver's youngest members, who could miss out on significant sums over their lifetimes.
View moreMagellan Asset Management - Brexit Update
Posted in Savings on
Hamish Douglass discusses his thoughts around the Brexit development in a video update.
View morePlatinum Asset Management - Brexit Commentary
Posted in Savings on
The decision by the British people to withdraw from the European Union (EU) took markets by surprise. Yet, it did not occur in a vacuum. Britain's vote to leave the EU needs to be seen in the context of a confluence of global social and economic trends.
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KiwiSaver funds take a hit after Brexit
Posted in Kiwisaver on
Investors here are getting worried about what the Brexit could mean for investments like KiwiSaver. European markets slumped on Friday, but analysts in New Zealand say KiwiSaver is for the long-term, and investors should hang in there.
View moreTime to claim KiwiSaver tax credit
Posted in Kiwisaver on
It's nearly the end of June, so now is the time to claim $521 of extra money for your KiwiSaver account. It is called the Member Tax Credit. To get the extra $521.43 you need to be 18 or older and pay $1,042.86 into your account between July 1 and June 30 the following year. The Government will pay 50 cents for each dollar you put in, up to a maximum payment of $521.43.
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The ageing workforce of New Zealand
Posted in Retirement on
As our population is aging, so is our workforce. Five years ago 21 percent of our workforce was over the age of 65; by 2031 that will have increased to 31 percent. So how do we make the workplace more accepting of older workers and get rid of the stigma that they’re past their 'use by' date?
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1 in 3 Kiwis to work past retirement - help needed
Posted on
Don't tell Oscar-winning actor Christopher Walken he should retire. At 73, he's appeared in more than 100 films and TV shows that have grossed a total of more than $1.5bn at the box office. His latest turn is as King Louie in The Jungle Book and, in a recent interview with Rolling Stone, he said he wasn't sure that actors retire: "Actors are like athletes: you don't retire, you get retired."
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