Press release: In the wake of the Government's budget announcement yesterday, TOWER Investments CEO Tony Hildyard said today that he was pleased that the new Government initiatives have both raised the profile of KiwiSaver and made it more attractive to investors.

Press release: One group that had a jubilant reaction to Thursday’s Budget was the life insurers whose products dominate the long term savings sector. And they has every right to be ecstatic – Michael Cullen has just naively delivered to them 4 million heads on a plate, Gareth Morgan addresses the issue.

Press release: It is vital New Zealanders save more so we can better deal with our economic and social challenges, which is why Budget 2007 significantly enhances KiwiSaver.

Highlights of the business tax reform package.

Less than two months before the introduction of KiwiSaver, more than half of adult New Zealanders report they are not saving for their retirement, and more than three quarters admit they know very little detail about the new savings scheme.

The widespread belief this week’s Budget will have tax cuts linked to savings has one group worried – the Association for Superannuation Funds (ASFONZ).

A groundswell of support is building for KiwiSaver, increasing New Zealanders’ appetite for retirement savings and boosting savings patterns, according to the latest AMP SuperWatch research.

Christchurch

A clear message is developing over the fight about who should regulate advisers following the news last week that the joint Approved Professional Body (APB) concept has fallen apart.

Auckland