Tag: retirement_savings
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David Boyle Appointed New Retirement Commissioner
David Boyle, with extensive experience in retirement savings and financial education, has been appointed as New Zealand's new Retirement Commissioner for a three-year term.
Politics and GovernmentBusinessEconomyEmployment and LaborFinancial MarketsEducation Retirement CommissionerDavid BoyleCameron BrewerKiwiSaverFinancial EducationRetirement Savings
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KiwiSaver Shows Resilience with $123 Billion Under Management
KiwiSaver's annual report reveals a 10% growth in funds, reaching $123 billion, driven by contributions and investment returns, despite economic challenges and a rise in non-contributing members.
BusinessPolitics and GovernmentEconomyFinancial MarketsEmployment and LaborState Governments KiwiSaverFinancial Markets AuthoritySamantha Barrassretirement savingsinvestmentfinancial wellbeingAucklandNZ Financial Markets Authority
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New Zealand to Increase KiwiSaver Contributions in 2025
New Zealand's Budget 2025 will raise default KiwiSaver contributions from 3% to 4% to boost savings for first homes and retirement, while extending contributions to younger workers and adjusting government contributions.
Politics and GovernmentBusinessEconomy KiwiSaverNicola WillisBudget 2025Retirement savingsGovernment contributionFinancial security