
Tax warning on bringing Aussie super money home
New Zealanders who have money saved in Australian superannuation schemes should think carefully before choosing to bring their money home, says a financial adviser.
New Zealanders who have money saved in Australian superannuation schemes should think carefully before choosing to bring their money home, says a financial adviser.
Our question is that we are considering putting $10,000 each into starting a KiwiSaver account for our grandkids as inheritance. They are 10, 15 and 18.
The KiwiSaver active versus passive debate has been reignited following recent articles by Diana Clement in the Business Herald, Paul McBeth in the Listener and Rob Stock, the money editor of the Sunday Star-Times, in an Auckland suburban newspaper.
Could you please tell me if I will be able to continue in my KiwiSaver scheme as I joined in July 2008, so almost five years ago.
Could a monkey do a better job at investing than your KiwiSaver manager? The answer may surprise you.
This month's sixth anniversary of KiwiSaver has been celebrated by industry players and financial commentators, and with some justification.
A major Australian superannuation fund provider is refusing to let Kiwis bring their retirement savings home - despite a government deal being struck.
We need to be as clever as clever now and forever to get our savings scheme working to meet New Zealand's next boom, writes Peter Neilson.
More men than women have used KiwiSaver housing grants to help buy their first home despite thousands more women being signed up to the scheme.
The number of first-home buyers using KiwiSaver savings to get a deposit on a house has almost doubled in the past year as the scheme turns six.
Kiwibank says it is not one of the two KiwiSaver issuers pulled up by the Financial Markets Authority for potentially misleading statements in offer documents.
My husband and I are trying to get on to the property ladder for a second time.
People wanting to transfer their Australian superannuation savings back to New Zealand should expect the process to take around six weeks.
My husband and I both have money in Australian Superannuation Schemes from a few years ago.
The latest figures show that KiwiSaver is a massive success, probably the most popular scheme ever introduced by a NZ government.
As the NZ Herald reported on Monday academia and finance industry leaders gathered in Auckland this week to consider, among other big picture subjects, the "role of advice for KiwiSaver members".
I have a question, that you may or may not be able to answer, as no one else I have spoken with so far has been able to help.
AUT University is to host the first New Zealand Capital Markets Symposium on Friday in what it hopes will become an annual event.
New Zealand's $82 billion managed funds industry, which includes KiwiSaver, has been given a C- report card by international research firm Morningstar.
Your savings invested in a KiwiSaver scheme and any returns generated by those savings are not guaranteed.
The problem for many KiwiSavers is often a lack of understanding of essentials versus luxuries. "It's my money and I want it." So say many KiwiSavers.
Q: What constitutes a "regular trader" in terms of the tax man? How many properties and shares would you have to "trade" in a year, say, to be considered a trader and become liable to pay tax on the capital gain?