According to one analyst, 2025 just can’t be as bad as 2024.
Effective engagement on regulatory change is vital to the ongoing success of the KiwiSaver scheme, according to industry group Workplace Savings NZ.Commerce Minister Simon Power last week announced changes that will ensure fund managers and trustees of re
Suncorp-owned insurance company Asteron Life has announced it will withdraw from KiwiSaver to focus on its core business and it expects more KiwiSaver exits will follow.Asteron, which has about $33 million of funds under management across 6200 KiwiSaver c
Financial advisers will be given extra time to fully comply with the new regulatory regime, Commerce Minister Simon Power announced tonight.He made the announcement at the Institute of Financial Professionals New Zealand (Infinz) annual awards in Au
Commerce Minister Simon Power has tonight announced changes to KiwiSaver regulation that he says will improve the governance and management of KiwiSaver schemes.The changes, announced at the Institute of Financial Professionals New Zealand(Infinz) a
ING pulled in more money to its KiwiSaver funds than any other manager in the March quarter but its other funds weren't so popular, according to FundSource data.KiwiSaver successING, which includes ANZ and National Bank KiwiSaver funds, experienced a net
Retail funds under management in New Zealand have exceeded $20 billion thanks to strong inflows into KiwiSaver and Cash PIE funds, new FundSource data shows.The FundSource Marketshare Report for the March quarter revealed that KiwiSaver funds sucked in ha
Clear evidence of the gap between economic projections and commercial reality faced by businesses was outlined in stark form by AMP Capital.The country's largest fund manager this afternoon released its latest quarterly results and they reflect the sizabl
KiwiSaver could eventually be used as politically acceptable way of selling stakes in state assets, according to Tower Investments chief executive Sam Stubbs.Mr Stubbs recently gave a presentation on public KiwiSaver partnerships (PKPs), which would be si
Among some high-profile Overseas Investment Office consents granted last month was a very mysterious application.The list of OIO decision summaries for February - released by Land Information New Zealand - features approval for Kraft's takeover of Cadbury