Financial Services Council - Latest News [Page 4]

FSC Welcomes Labour’s Plan for Comfortable Retirement

Tuesday, 17 June 2014, 1:36 pm | Financial Services Council

The Financial Services Council (“FSC”) welcomes Labour’s Plan to help more New Zealand employees achieve a comfortable retirement by stepping up KiwiSaver contributions up to 9% over time. More >>

NZers with a Mortgage Even Keener on Compulsory KiwiSaver

Monday, 19 May 2014, 4:51 pm | Financial Services Council

New Zealanders with a mortgage have even more enthusiasm for compulsory KiwiSaver than Kiwis generally, says Financial Services Council (FSC), CEO, Peter Neilson. More >>

Disappointment at No Tax Relief for KiwiSavers

Thursday, 15 May 2014, 5:03 pm | Financial Services Council

The Financial Services Council is disappointed that after the 2014 Budget, the Government will keep in place the world’s most punitive tax regime for superannuation savings, said the FSC CEO, Peter Neilson. More >>

NZers being set on road to lower income retirements

Thursday, 8 May 2014, 1:50 pm | Financial Services Council

Most middle income New Zealand employees are being sent down a road to a financially uncomfortable retirement, says the Financial Services Council (FSC). More >>

41% say “force me to save”

Wednesday, 30 April 2014, 1:23 pm | Financial Services Council

The public resoundingly disagree with one university expert’s opinion that New Zealand does not have a savings problem and don’t need compulsory KiwiSaver. More >>

KiwiSavers back lower KiwiSaver fund tax rates

Tuesday, 22 April 2014, 12:33 pm | Financial Services Council

KiwiSavers back lower KiwiSaver fund tax rates paid for by abolishing the $521 annual tax credit More >>

KiwiSavers back lower KiwiSaver fund tax rates

Tuesday, 22 April 2014, 12:15 pm | Financial Services Council

A Horizon Poll commissioned by the Financial Services Council shows KiwiSavers support removing the annual $521 members tax credit (MTC) to fund lower KiwiSaver fund tax rates. More >>

Fair tax for KiwiSaver funds a key election issue

Thursday, 17 April 2014, 5:38 pm | Financial Services Council

In this election year the parties need to say how they will reduce the unfair over-taxation of KiwiSaver funds that prevents most New Zealand employees from achieving a comfortable retirement. More >>

Abolished 1974 Super fund would now be worth $278 billion

Tuesday, 8 April 2014, 9:45 am | Financial Services Council

Abolished 1974 Super fund would now be worth $278 billion, delivering $256,000 nest eggs More >>

Speech Congratulating the 2014 Morningstar Award Finalists

Thursday, 27 February 2014, 12:15 pm | Financial Services Council

Speech Congratulating the 2014 Morningstar Fund Award Finalists by Peter Neilson, CEO, Financial Services Council. More >>

Speech Congratulating 2014 Morningstar Fund Award Finalists

Wednesday, 26 February 2014, 5:33 pm | Financial Services Council

Firstly, I would like to congratulate the award finalists and to thank you all for attending this celebration of the outstanding performance of the fund managers in New Zealand during the last year. The Morningstar awards are one of the rare occasions ... More >>

Personal insurance claims top one billion dollars

Wednesday, 5 February 2014, 11:07 am | Financial Services Council

The amount paid out in claims by the personal insurance industry (life and income protection insurance) in the year ending December 2013 was $1,113,506 making it the third successive year that the New Zealand industry has paid more than $1b out in ... More >>

Advance Australia Fair and Make New Zealand Fairer

Monday, 27 January 2014, 11:03 am | Financial Services Council

This year we expect that the New Zealand economy will grow faster than Australia’s. That is good news for us but cannot mask the fact that for most of the last 40 years the Australian economy has out-performed ours year after year. More >>

Choose a Change for the Better says FSC to Kiwi Savers

Tuesday, 10 December 2013, 2:46 pm | Financial Services Council

Most people are now choosing their own KiwiSaver scheme, the just released sixth annual review of KiwiSaver by the IRD reports, which hopefully sees a shift from conservative funds to a better earning balanced or growth scheme where savings nest ... More >>

Financial Services Council Achieves 50/50 Gender Balance

Tuesday, 10 December 2013, 11:47 am | Financial Services Council

The Financial Services Council which is dedicated to protecting and enhancing New Zealanders’ wealth, has achieved the rare occurrence in New Zealand governance, and particularly in the finance, insurance and savings sector, of having a perfectly ... More >>

Heavy Tax on KiwiSaver to be a Hot Election Issue

Monday, 2 December 2013, 10:22 am | Financial Services Council

KiwiSaver will be a Budget and Election issue in 2014 as middle New Zealanders’ awareness grows of just how much poorer they will be in retirement than other developed countries, including their cousins in Europe and siblings in Australia, says Financial ... More >>

Thin Gravy in the KiwiSaver Fee Train

Monday, 21 October 2013, 8:55 am | Financial Services Council

The Financial Services Council, which represents leading financial and insurance institutions, says Winston Peter’s swipe at fees for managing KiwiSaver funds was way off the mark. More >>

KiwiSavers have to Save Harder and Pay more Tax

Thursday, 17 October 2013, 12:06 pm | Financial Services Council

The Government’s decision to retain the conservative default funds approach to KiwiSaver means New Zealanders will have to save a lot more for a lot longer and pay a lot more tax on those savings as they try and build their retirement nest egg. More >>

Peter Neilson Speech to Future of Super Conference

Monday, 14 October 2013, 10:35 am | Financial Services Council

When we talked to stakeholders and politicians there was little challenge to the analysis, but there was concern about whether putting aside 10% of your income was realistic for many New Zealanders, particularly for those on more modest incomes. More >>

Time to Agree on Policy to Provide Comfortable Retirement

Monday, 14 October 2013, 10:32 am | Financial Services Council

Financial Services Council Chairman, the Rt Hon Dame Jenny Shipley called on all political parties to consider seeking a new cross-party agreement on retirement income policy to enable New Zealanders to plan and save enough for a comfortable retirement. More >>



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