Generate Investment Management has been awarded the prestigious Consumer NZ People’s Choice Award for KiwiSaver, finishing well ahead of its competitors.
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KiwiSaver
The Government has announced several significant KiwiSaver reforms as part of Budget 2025 - here's what you need to know:
We know that many KiwiSaver members tend to view this as a long term ‘set and forget’ type of investment. However, circumstances change and what was suitable when joining KiwiSaver may no longer be the case.
The Milford KiwiSaver Plan Conservative, Balanced and Active Growth Funds have been the number one performer in their respective KiwiSaver Fund category over the last ten years according to the latest Morningstar KiwiSaver Survey.
If you don’t have a Financial Adviser appointed for your KiwiSaver, this can mean a frustrating process working with multiple different points of contact and an inability to discuss your personal requirements either via online meeting or in person.
New research has found that KiwiSaver fees are on average lower than fees charged on similar funds in Australia and default fees are on average lower than the fees for default products in both Australia and the UK.
The Ministry of Business, Innovation and Employment (MBIE) have been asked by the Government to review KiwiSaver. The review includes a proposal to shift the focus of Government contributions to incentivise voluntary rather than standard employee contributions.
The Government has recently announced new providers of KiwiSaver default funds, to enhance the financial wellbeing of default KiwiSaver members in retirement.
Everything is a bit up and down at the moment, including investment markets and therefore KiwiSaver balances. Of course, the value of your KiwiSaver investments (and your KiwiSaver balance) goes up and down all the time, but the impact of Covid-19 has seen more movement than usual.
In changes announced recently, savings in KiwiSaver default funds will soon exclude investment in fossil fuels and the default fund allocation will be a ‘balanced’ fund.
Your KiwiSaver Scheme is a great way to save for your first home deposit and retirement, and there have been some recent changes to KiwiSaver that could help you lift your savings.
The gap between NZ Super and the cost of living even a "no frills" lifestyle has widened, research from Massey University shows.
A recent report, commissioned by the Financial Services Council, to discover what retirement means to – and will look like – for New Zealanders made some interesting findings.
Proposed changes to KiwiSaver in a Bill currently before Parliament would allow people over 65 to join the scheme to give them access to a provider of low-cost managed funds in retirement. The 5-year minimum lock-in requirement would also be removed for these members.
Many of the people who do not contribute to KiwiSaver on a regular basis are on a low income or are not in paid employment, research suggests.
More than 2.7 million Kiwis are signed up to the retirement scheme but 1.1 million were considered to be non-contributors in the year to March 31, 2017.
Are you a regular Lotto player? Think you’re in with a chance of being the next millionaire? Let’s have a look at the numbers..
The NZ Lotteries Commission estimate your chances of winning first division Lotto at one in 3.8 million (or one in 38 million for Powerball!) ie. – not likely!
We know it's hard to resist spending now in order to have something more to use in the future. Retirement can seem like such a long time away but a little bit saved now can make a big difference later.
Kids find it just as hard as adults.
The Government is cautiously supportive of including higher KiwiSaver contribution rate options and “increasing KiwiSaver coverage” but cannot say yet what that might mean.
Commerce and Consumer Affairs Minister Jacqui Dean has released the Government’s response to the Retirement Commissioner, Diane Maxwell’s, review of retirement income policies.
With the Reserve Bank changes potentially making it harder for first home buyers to get in to the property market, here’s some tips to help your children into their own home and avoid them living with you in your retirement.
To help Kiwis save, the NZ Government may put a little extra contribution into your KiwiSaver account. This is called a Member Tax Credit. Watch this short clip from AMP to learn more…