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.
If an eligible members dies as a result of an accident between September 1, 2014 and December 31 next year, AMP will make a lump sum payment to the person's estate that matches the amount in their KiwiSaver account, up to $100,000.
Chief customer officer Jeff Ruscoe said: "Since KiwiSaver started in 2007, more than two million New Zealanders have begun saving for their retirement and understanding the importance of looking after themselves in their ‘golden’ years...MORE»
Monday, September 15th, 12:38PM
ANZ Investments says KiwiSaver members missed out on $400 million in member tax credits from the Government in the last year.MORE»
Wednesday, September 10th, 5:59AM
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»
Many conservative KiwiSaver funds aren’t delivering returns to justify their fees, Morningstar’s co-head of fund research says.MORE»
KiwiSaver has been the New Zealand’s most successful savings innovation in the last hundred years, the Financial Services Council says.MORE»
Labour’s KiwiSaver policy has been criticised by the University of Auckland’s Retirement Policy and Research Centre.MORE»