Tag Archives | KiwiSaver

1-Track your KiwiSaver

Track Your KiwiSaver

KiwiSaver is an easy way to invest. Your contributions are deducted automatically, along with the contributions from your employer, and every year the Government pays you a tax credit. You could argue that KiwiSaver is a ‘set and forget’ type of investment. However, paying little or no attention to your KiwiSaver is not wise. There […]

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Retired Couple

KiwiSaver for Retirees

KiwiSaver for Retirees A recent survey conducted by the Financial Markets Authority and the Commission for Financial Capability found that around a quarter of people are not sure how to manage the money in their KiwiSaver funds after the age of 65. There are variations between different scheme providers and once you turn 65, providing […]

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Transferring Your Australian Superannuation

Transferring Your Australian Superannuation While it is now possible to transfer funds from your Australian superannuation scheme to KiwiSaver, this is not something that should be done without consideration of a number of important factors. There are many good reasons to bring your superannuation home. Having investments in more than one country can make life […]

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Investment

When to Start Investing

When to Start Investing Starting an investment portfolio is usually somewhere near the bottom of a priority list for young people entering paid employment, who at that stage of life just want to have a good time. Of course, many employees are now members of KiwiSaver, which makes them investors, at least to the extent […]

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Bring Your Aussie Super Home

Bring Your Aussie Super Home Spending time in Australia on a working holiday has been part of the Kiwi way of life for many years. The trouble is that since 1992, when it became compulsory in Australia to contribute to a superannuation scheme, locked-in funds have had to be left behind when it’s time to […]

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Retiring on KiwiSaver

Retiring on KiwiSaver A KiwiSaver milestone will be reached in July this year, five years after KiwiSaver was first introduced. When a KiwiSaver member reaches the official age of retirement (currently 65) and has been in the fund for a minimum of five years they can choose to withdraw their funds or leave them invested […]

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Change

Is Your Boss Short Changing You?

Is Your Boss Short Changing You? Financial literacy is still a major issue in this country, particularly with regard to retirement savings. A recent online survey by ASB showed a huge gap for most people between the retirement income they want and what they will actually achieve at their current rate of saving. It seems […]

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Top Up Your Retirement Savings

Top Up Your Retirement Savings Now is a good time to be thinking about whether you are putting enough aside for your retirement. A review of your long term plans should be done on an annual basis and June is a good month for two reasons; firstly because it is too wet and cold outside […]

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Saver

Advice for KiwiSavers

Advice for KiwiSavers KiwiSaver skeptics will no doubt be saying ‘I told you so’ after the recent changes announced in the budget. A minority of the population have refused to join KiwiSaver on the grounds that the Government will keep changing the rules or mismanage their money. Yes, the rules have changed, but joining KiwiSaver […]

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Save the Nation

Save the Nation New Zealand is on the brink of a financial crisis unless national savings increases, according to the final report of the Savings Working Group (SWG). Government, households and businesses are all guilty of overspending and borrowing too much money, leaving our economy in a vulnerable state. The SWG has recommended policies to […]

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Buying your First Home

Tips for Home Buyers For first home buyers the next few months are shaping up to a good time to buy and  there are three reasons for this. Firstly, we are seeing a decline in property prices as winter sets in. Some property investors have reacted to the last budget by choosing to sell and […]

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Top Up or Miss Out

The end of June is an important date for KiwiSaver members. The financial year for KiwiSaver runs from 1 July 2009 to 30 June 2010 and if you have contributed at least $1,040 to KiwiSaver during that time, you will be eligible for the full amount of Government tax credit to be paid into your […]

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