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Category: KiwiSaver News

Kiwis retiring over the next 20 years will not have enough for retirement

The Retirement Income Interest Group found that those aged 45-59 are estimated to have a balance of $124,400 (median) when they reach retirement age.

2022 In Review: Top Global Events That Have Impacted KiwiSaver Performance

Global economic conditions in 2022 have changed rapidly. Generally speaking, this has impacted markets all over the world and New Zealand investors have felt the repercussions too.

ASB joins other KiwiSaver providers and launches advice tool

The context provided around ASB joining other KiwiSaver providers and launching a KiwiSaver advice tool.

‘KiwiSaver Investment Opportunities’ – Generate Invests $20 Million Into Tech Fund

Generate KiwiSaver provider invests $20 million into the Growth 6 Fund by Movac. Investment opportunities arise.

KiwiSaver Advisers view on Sharesies upcoming KiwiSaver Scheme

A KiwiSaver advisers view and review on the Sharsies KiwiSaver scheme

KiwiSavers Long-term Benefits Not Undermined by 2022’s Volatility

This last year Kiwis with KiwiSaver have experienced more volatility, why has this occurred and what can you do?

KiwiSaver News: Uber drivers becoming employees

A recent decision has allowed four drivers the status of employees, enabling them to make full use of the KiwiSaver Scheme, rather than be contractors for the rideshare company Uber.

KiwiSaver News: $3 billion lost in KiwiSaver for Temporary Migrants

Temporary migrants could be years behind in their retirement savings because of this current KiwiSaver policy preventing temporary migrants from joining.

Retired Kiwis Spending Substantial Amounts of KiwiSaver on Housing Costs

It’s becoming a real challenge for people to make ends meet and Kiwis are having to use substantial amounts of their NZ Super to cover their housing costs.

KiwiSaver News: QuayStreet Growth Fund Breaks Into The Top 5 Growth Funds

QuayStreet’s Growth Fund has become one of the top 5 Growth KiwiSaver Funds with the 5th best 5-year average return of 6.8%.

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