
Brave KiwiSavers reap rewards
Savers who keep their money in conservative KiwiSaver funds lag behind those in growth funds and risk having a smaller nest egg at retirement, warns Morningstar.
Savers who keep their money in conservative KiwiSaver funds lag behind those in growth funds and risk having a smaller nest egg at retirement, warns Morningstar.
NZ shares were mixed yesterday as investors cast forward to next month's earnings season, and as regional markets mulled this week's Federal Reserve meeting.
Earnings from NZ's biggest listed retirement village specialist, will rise phenomenally as it builds new accommodation, an expert has forecast.
Think a typical Kiwi entrepreneur is young and tech-savvy? Think again.
Young people from Ngai Tahu are more likely to be saving for retirement and are more wary of debt than other Kiwis their age, a study has found.
If you're in your golden years and don't think you have enough money saved for a comfortable retirement, you're in good company.
Infratil and NZ Super Fund are both buying up big stakes in listed retirement village operator Metlifecare.
Some of the big KiwiSaver providers have been slow to put up new information disclosing fees, performance and where money is invested.
Financial Services Council wants to lift contributions to 7% and reduce the tax rate.
The debate on retirement income is set to continue today with a major industry group due to release its recommendations on how to supersize New Zealanders' retirement income.
A new report suggests raising the age of eligibility for NZ Super would make retirement income policies fairer between generations.
A New Zealand-controlled retirement village business is expanding its British investments, building a new 115 million London project.
Ryman Healthcare launched a promotion of its new $140 million Auckland retirement village yesterday as its boss told of Wellington staff changes following issues over care.
Executives at highly rated retirement business Summerset Group Holdings say it is on target to finish 200 new village units this year and that they are gearing up to build 300 by 2015.
Whether you own your own or rent can have a big impact on the kind of lifestyle you have in retirement, says Massey University.
Statistics NZ said yesterday that the population aged 65-plus had doubled since the early 1980s to 635,200 and was likely to double again by 2040.
More than one in three people signed up to KiwiSaver don't know how much money they have in their retirement savings account.
Three NZX-listed retirement businesses are in a big growth phase, with more than 1000 new units planned.