“Heartbreaking” hardship applications a challenge for KiwiSaver providers
KiwiSaver providers are questioning whether they are adequately equipped to deal with hardship applications, with some wanting to see a centralised service established for savers who need to access their funds.
In a roundtable discussion for Good Returns’ sister publication ASSET Magazine, providers spoke of the influx of applications they had received as economic conditions deteriorated and recent weather events left people struggling.
“The cost of living crisis has exacerbated the demand and the tension that’s building with those that need their money,” says Fisher...MORE»
KiwiSaver assets grow to $117.6 billTuesday, November 12th, 3:54PM
The KiwiSaver pot grew by $7 billion to $117.6 billion in the third quarter of this year with QuayStreet, Milford and Generate highlighted as some of the strong performers over the long term. MORE» |
KiwiSaver shortcomings identified in global reportSaturday, October 19th, 6:11AM
Bumping up KiwiSaver contributions and introducing a carer’s savings credit for those with young children are among the improvement measures identified in a new report benchmarking New Zealand against other countries’ pension systems. MORE» |
Tattoo removal and IVF companies are part of Generate's new PE deal
Generate KiwiSaver makes another investment into private equity.
MORE»KiwiSaver winners
Andrea Malcolm looks at the latest KiwiSaver data from Melville Jessup Weaver and finds out who the big winners are over recent years.
MORE»All numbers point north for KiwiSaver
The March 2024 reporting year for KiwiSaver showed the strongest growth in total funds since 2021 and passed the $100 billion milestone, according to the Financial Markets Authority.
MORE»Sharesies KiwiSaver adds multiple-base fund selection
Sharesies KiwiSaver members can now combine multiple base funds instead of having to choose only one for their KiwiSaver scheme.
MORE»Two KiwiSaver schemes report larger losses but make revenue gains
Two of the newer KiwiSaver schemes chalked up larger losses in their latest financial year.
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