Blog

Sam Goldwater

Sam Goldwater

Coronavirus Investment Update

Posted in Kiwisaver, Retirement, Savings on

As many of you will have noticed share markets around the globe have dipped on news that the Coronavirus has spread outside of China.

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Henry Tongue

Henry Tongue

Generate to reimburse for ID replacement or waive member fee

Posted in Kiwisaver, Retirement, Savings on

18 February 2020 An important update for members whose personal data was compromised We understand this has been a difficult time for our members whose personal information was illegitimately accessed in a breach of our online application system recently. As well as creating uncertainty and concern, it has created inconvenience and demands on those members’ time in terms of taking action to minimise their risks from having personal information compromised. In this context, while we are under no obligation to do so, we have reviewed the situation and decided we will reimburse members for the c...

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Henry Tongue

Henry Tongue

Generate Data Security Incident 12/02/20

Posted in Kiwisaver, Retirement, Savings on

Media release 12 February 2020 Generate advises clients of a privacy-related data security incident Generate regrets to advise that it has identified there was unauthorised third party access to the fund manager’s online application system between 29 December 2019 and 27 January 2020, and that some of its members’ personal information has been accessed illegitimately. This does not affect members’ investments, which are held by Public Trust in a completely separate system. This affects approximately 26,000 of the 90,000 members that have joined Generate over the past seven years. Generate has...

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Nicola Hines

Nicola Hines

Platinum's founder, Kerr Neilson, discusses investment opportunities presented by change around the world and what lies ahead in 2020.

Posted in Kiwisaver, Retirement, Savings on

Platinum's founder, Kerr Neilson, discusses investment opportunities presented by change around the world and what lies ahead in 2020. Watch here:

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Carl Pheasant

Carl Pheasant

Term deposit rates are historically low and tightly bunched, but there are still opportunities.

Posted in Kiwisaver, Retirement, Savings on

Term deposit rates are historically low and tightly bunched, but there are still opportunities. This interested.co.nz article provides insight on where rates are at the start of 2020 and some practical options.

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Henry Tongue

Henry Tongue

All three Generate KiwiSaver funds are ranked either 1st, 2nd or 3rd over 1 year and 5 year performance….again!

Posted in Kiwisaver on

The results are in and it's another awesome outcome for Generate customers! All three of our Generate KiwiSaver funds have all ranked in the top 3 across both one and five-year performance in the latest Morningstar KiwiSaver Survey dated 30 September 2019. This is the fourth quarterly survey in a row that all our KiwiSaver funds have ranked in the top 3 across both one and five-year performance! If you haven't already jumped onboard, get in touch with the team today and find out how we can help you get the most out of your KiwiSaver. Call us on 0800 855 322 or email info@generatekiwisaver.co.n...

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Carl Pheasant

Carl Pheasant

Nearly a million Kiwis are paying too much tax on their KiwiSaver

Posted in Kiwisaver, Retirement, Savings on

Nearly a million Kiwis have been paying too much tax on their Kiwisaver and there's no way for Inland Revenue to pay it back. The maximum rate of 28 per cent of tax automatically kicks in when someone signs up to Kiwisaver. For 950,000 New Zealander's this rate is too high, but it's up to the account holder to correct it. Those affected are owed on average $44 a year for every year they're contributed.

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Henry Tongue

Henry Tongue

Generate launches first non-KiwiSaver Fund

Posted in Retirement, Savings on

Generate has launched its first non-KiwiSaver managed fund. The Focused Growth Trust is based on its market leading KiwiSaver Focused Growth Fund which is the #1 fund in the Morningstar Aggressive Multi-sector category for both one year and five year returns to 31 August 2019.

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Courtney Walters

Courtney Walters

KiwiSaver changes look to provide fund access for people with shortened life expectancy

Posted in Kiwisaver, Retirement, Savings on

An Auckland man with Down syndrome has won a change of rules that will allow anyone with a life-shortening congenital condition to access their KiwiSaver funds before they turn 65. He and his mother asked a Parliamentary select committee last year to change the rules to allow him and others with life-shortening conditions to access their KiwiSaver early - because they were unlikely to live until the normal retirement age of 65. Commerce Minister Kris Faafoi said the rules would be changed to create a new category for early withdrawal of KiwiSaver funds for anyone with a life-shortening congenital condition.

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Henry Tongue

Henry Tongue

Generate Growth fund 10.8% p.a. over past 5 years!

Posted in Kiwisaver, Retirement, Savings on

Generate's Growth Fund ranks 1st out of 21 KiwiSaver growth funds returning 10.78% p.a. after fees over the past five years. All three Generate Funds rank 1st, 2nd or 3rd over past year and 5 years.

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