KiwiSaver members who are engaged with their retirement savings are better placed to take action throughout their lives to reach their goals, ANZ’s general manager of wealth products and marketing, Ana-Marie Lockyer, says.
The bank released a survey yesterday showing that half of KiwiSaver members had not checked that their savings were on track to meet their retirement goals.
ANZ launched a new online calculator, which takes some personal information and works out the projected amount someone would have when they retire, the amount they will need and whether they are headed for a gap in their savings. The online tool then proposes and calculates the effect of steps people can take to close that gap, such as making a lump sum contribution, upping their regular contributions or moving their money to a different type of KiwiSaver fund...MORE»
Thursday, October 23rd, 6:00AM
KiwiSaver members are being told to consider the impact of tax on their investments.MORE»
Wednesday, October 1st, 1:16PM
More than twice as many KiwiSaver customers switched provider in the past year than in the same period the year before - prompting the FMA to warn that transfers must be done in the best interest of the customer.MORE»
AMP has announced it will offer a free accidental death benefit up to $100,000 to existing AMP KiwiSaver scheme members and those who join before the end of 2014.MORE»
ANZ Investments says KiwiSaver members missed out on $400 million in member tax credits from the Government in the last year.MORE»
KiwiSaver advice does not need to be particularly time consuming for financial advisers, one provider says.MORE»
Labour’s proposal to apply a capital gains tax to investments in shares – unless they are part of KiwiSaver – could encourage people to move out of more liquid investments, one fund manager says.MORE»
Governments need to stop tinkering with KiwiSaver, one banking commentator says.MORE»