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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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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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Carl Pheasant

Carl Pheasant

Liz Koh: Fix your KiwiSaver Mistakes

Posted in Kiwisaver, Retirement, Savings on

Liz Koh's opinion: Mid-year is a great time to review your KiwiSaver contributions for the year to make sure you have put enough in to qualify for the maximum member tax credit paid annually in July. KiwiSaver is not a 'set and forget' investment, yet the majority of people treat it as such. There are key decisions to be made along the way which can make the difference between living in comfort or living in misery in retirement. Despite KiwiSaver having been around for nearly 12 years, the level of understanding of how to make the most of it is low.

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Nicola Hines

Nicola Hines

Strategies for the five ages of KiwiSaver

Posted in Kiwisaver, Retirement, Savings on

There are five ages of KiwiSaver. Each of them calls for different strategies to get the best from New Zealand's $50 billion savings scheme offers. "People jumped into KiwiSaver, many when the $1000 kickstarter was still available for their kids, and what happened was they became disengaged." And so their KiwiSaver, and those of their children, was left to prosper, or track sideways, ignored, and unloved, according to Wilson. But if people think more about KiwiSaver as a savings scheme with different opportunities for each of their five ages of their economic lives, they might find it easier to use it to their maximum benefit, Wilson says.

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Carl Pheasant

Carl Pheasant

Generate KiwiSaver continues strong performances despite volatile 2018

Posted in Kiwisaver, Retirement, Savings on

While 2018 was a volatile year for KiwiSaver funds, all three Generate funds performed strongly versus the competition over the year and the past five years, according to leading investment research provider Morningstar.

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Nicola Hines

Nicola Hines

The pros - and cons - of bringing your Aussie superannuation home.

Posted in Kiwisaver, Retirement, Savings on

If you've worked across the ditch at any point during the last 27 years, you almost certainly have some Australian superannuation. Having returned to God's own country, you might be wondering whether you ought to repatriate your retirement funds. First you have to figure out how much dosh you have, and where it is. Kiwis are sitting on billions of dollars of 'lost' super, which is sucked into the black hole of the Australian Taxation Office (ATO) whenever providers lose touch with members. You can contact the ATO to find out if it's holding money in your name, along with the details of any accounts that are still up and running.

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