Blog

Henry Tongue

Henry Tongue

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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Sam Goldwater

Sam Goldwater

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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Henry Tongue

Henry Tongue

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.

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Sam Gapes

Sam Gapes

Young 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.

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Henry Tongue

Henry Tongue

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.

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Time 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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Henry Tongue

Henry Tongue

Aon - KiwiSaver Survey Report

Posted in Kiwisaver on

Aon Hewitt's latest comprehensive survey of KiwiSaver funds and KiwiSaver managers as at 31 March 2016 is now available. Not only was Generate the fastest growing KiwiSaver provider but Aon called the Generate Conservative Fund "the stand out performer" as the best performing fund accross all categories for the year to 31 March 2016!

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Nicola Hines

Nicola Hines

What young adults need to know about KiwiSaver

Posted in Kiwisaver on

It is anyone's guess what the world will look like in 40 years time - climate change might have made Earth uninhabitable or Donald Trump might have ended civilisation as we know it. Assuming neither of these catastrophic scenarios occur, you will need to have saved a sizeable chunk of money for your retirement. Even though retirement might be a long way away for you, a couple of smart decisions now could help you avoid having to live off baked beans when you're old. This is where KiwiSaver comes in.

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Ryan Edwards

Ryan Edwards

KiwiSaver: How to get an extra $521 from the Govt

Posted in Kiwisaver on

If you are in KiwiSaver you can get an extra $521 a year from the Government, but many people are missing out. Here is how to get the free $521!

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FMA warns - don't treat KiwiSavers as 'cash cows'

Posted in Kiwisaver on

The head of New Zealand's investment regulator has fired a warning shot at KiwiSaver providers urging them to be more proactive in engaging with their members. Rob Everett, chief executive of the Financial Markets Authority, said KiwiSaver providers could not afford to treat members as "cash cows" raking in millions of dollars in fees a year without doing anything to communicate with them other than the minimum.

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