976489640
Rob Hosking
Rob Hosking
Save Story
KiwiSaver

Mallard defends government scheme

Thursday 15th of July 2004

GRT was one of the four original providers picked to service the mammoth superannuation scheme, which is targeted at the core public service and teachers, but withdrew at the end of March.

GRT cited unspecified rule changes by the State Services Commission when it withdrew. It is understood that those rule changes amounted to allowing the other providers to market their other financial produc...

Want to read the full article?

Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.

You will also be able to comment on articles on Good Returns.

Sign in
Previous Article Next Article
Latest News
Barrass resigns as FMA chief executive
Barrass resigns as FMA chief executive
2 min read
FMA asks: How well are you looking after client money?
FMA asks: How well are you looking after client money?
4 min read
AIA moves into wealth with annuity launch planned
AIA moves into wealth with annuity launch planned
3 min read
Kernel grown from plucky start-up to a genuine disruptor
Kernel grown from plucky start-up to a genuine disruptor
3 min read
KiwiSaver
More Read
Fund type, not manager the key driver of KiwiSaver returns, Simplicity economist says
Fund type, not manager the key driver of KiwiSaver returns, Simplicity economist says
3 min read
Can AI pick the best KiwiSaver provider?
Can AI pick the best KiwiSaver provider?
4 min read
Banks lose KiwiSaver share
Banks lose KiwiSaver share
2 min read
KiwiMonster enhances adviser reports
KiwiMonster enhances adviser reports
3 min read
Latest Comments
Who is responsible for notifying policy changes?
Of course it is the responsibility of the insurer to clearly communicate with its Policy holders, and Advisers together, regarding all changes on a Policy. There is at least one insurer that feels that a simple email to the Advisor on every Anniversary renewal is a bit too much for them! The Advisor has to be pro-active and chase renewal communications every year through the Insurer's website. Where is the responsibility of the insurer there?
11 hours ago Porus Kateli
Fidelity Life sold to Partners
Can the New Zealand Life Insurance afford further shrinkage? With AIA performing so poorly options to insure will fall to just Partners, Asteron ( Acenda) and Chubb for mainstream Life Insurers. Of course there is PSP but they have a very small, targeted client group.
12 hours ago Quality Advice
AIA moves into wealth with annuity launch planned
This is great news indeed, well done AIA. I hope you were able to solve the tax treatment which plagued this cornerstone product.
1 day ago Goldcard
FE Investments in receivership
Fei , trustees still hold large of money not yet refund fully.
2 weeks ago Raymond Yang
Who is responsible for notifying policy changes?
There is no doubt the obligation is on the insurer who the contract is with. Clearly it would be prudent for an adviser to assist once given clear information by an insurer to assist with the communication but to extend this further. For an insurer to attempt to slide this onto an advisers plate is abdication. The adviser can not change the contract.
2 weeks ago Darryl Scott