
Kiwisaver: First home really means first home
"As your son is the co-owner of the property, unfortunately he will not be eligible to make a KiwiSaver first-home withdrawal."
"As your son is the co-owner of the property, unfortunately he will not be eligible to make a KiwiSaver first-home withdrawal."
NZ savers are being told to put a bit more trust in investment advice.
The Ministry of Social Development says income testing, but not asset testing, is applied to the main benefits paid by the Government, including New Zealand Superannuation.
Hard up KiwiSavers are increasingly turning to their savings to help get them out of financial trouble.
KiwiSaver investment returns and withdrawals reached all-time highs in the past year.
More than a million people failed to take advantage of KiwiSaver subsidies in the last financial year, leaving $300 million-plus on the table.
The move this year to drop KiwiSaver schemes from its list of qualifying overseas pension schemes comes with a tax hit for the unwary.
I am in KiwiSaver and have decided to pump funds into it until I buy my first home at about 65.
Imagine what an election debate in 2029 might look like.
Treasury is concerned about high KiwiSaver fees and the domination of funds run by the big banks.
KiwiSaver provider Mercer is set to expand into the insurance market for the first time in a bid to capture more savers.
KiwiSaver provider Mercer is set to expand into the insurance market for the first time.
A reader asks Helen Twose: Is buying a first home off a plan and putting a 10% deposit on it considered an estate in land under the KiwiSaver rules?
Ever wanted to learn about the basics of share market investing?
KiwiSaver providers urge savers not to panic after a week of turmoil in world sharemarkets.
Treasury evidence used to cut back on KiwiSaver benefits has been challenged by the finance industry.
When are you Kiwi enough to qualify for KiwiSaver? Helen Twose puts that question to Nigel Jackson, Westpac's head of wealth products.
This is the final post for specialist finance blog Inside Money, writes David Chaplin.
Q: My wife and I are on a medical benefit and applied for a hardship withdrawal from my KiwiSaver. I have to wait another 13 weeks before applying again.
Kiwis are pouring more money into investments which take into account environmental, social and governance factors, including their retirement savings through KiwiSaver.
There are some obvious takeaways from the latest Inland Revenue Department (IRD) annual KiwiSaver statistics.
The rules around KiwiSaver withdrawals are there to ensure the money chipped in by taxpayers is put to good use and ensures Kiwis benefit in retirement.
Is an overseas Kiwi student entitled to the Govt tax credit of $521.43 each year if making a minimum voluntary contribution of $1,042.86?
Michael Cullen, the architect of KiwiSaver, wrote at the time of its launch in 2007 "that KiwiSaver would help us own more of our New Zealand businesses and that it would produce deeper capital....