There is potential for KiwiSaver to grow the retirement savings pool but it is unclear whether that has been the case so far according to industry experts.

KiwiSaver funds provided positive returns for the fourth straight quarter, though the growth is running out of steam and ongoing fears of a debt crisis in the euro zone may be partly to blame, according to Mercer (NZ) Limited.

The Government Actuary (GA) has imposed tight controls on the Huljich KiwiSaver scheme and its trustee, Trustee Executors.

Huljich Wealth Management has re-launched two of its non-KiwiSaver funds which were closed down in January and transferred to equivalent funds.

 

Milford Asset Management is going it alone as a KiwiSaver provider, with its new scheme launched today.

Default KiwiSaver provider Mercer says there needs to be an improvement in disclosure requirements with KiwiSaver.

AMP dominated KiwiSaver fund growth in the December 2009 quarter with its conservative, balanced and growth funds all the best performers toppling Huljich Wealth Management from the top.

The Government Actuary (GA) has hosed down growing legal concerns that KiwiSaver providers could not accept pension transfers from the UK.

Children under the age of 18 will have their 2010 monthly administration fees waived on their KiwiSaver investment if they are members of the Westpac KiwiSaver scheme.

Mercer, the only default KiwiSaver provider without a distribution network, has reduced fees on its funds.

Family members will no longer be able to sign children up to KiwiSaver after refinements are made to the KiwiSaver scheme in the forthcoming tax bill.

Peter Dunne outlined United Future's tax policy today which included discussion on the scope of gift duty and an explanation of how the administration of student loan repayments will be simplified.

Legislation allowing New Zealanders returning home from Australia to bring their retirement savings with them will be introduced to Parliament in about two weeks, Finance Minister Bill English says.

As KiwiSaver gains prominence in New Zealanders' retirement savings planning, the need to compare providers' results on a consistent, reliable basis becomes more important.

KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey.

Finance Minister Bill English and Australian Treasurer Wayne Swann have agreed on a scheme that will allow Australians and New Zealanders to transfer their retirement savings across the Tasman.

Eosaver, the KiwiSaver scheme owned by Australian firm Eo Financial Services, has decided the market is too crowded and, rather than look for an alternative, has become the first provider to walk out the door.

Outspoken KiwiSaver fund manager Gareth Morgan and outgoing TradeMe business manager Mike O'Donnell plan to enter wholesale fund management.

Morgan's fairly unstructured approach has been successful in his retail and KiwiSaver funds, and it will b