Getting a KiwiSaver WOF

mary — Wed, 29 Jun 2022 23:48:53 +0000

This article was last updated on 30 June 2022. Some information may be out of date. Worried about how market wobbles affect your KiwiSaver investment, and wondering what to do about it? Or is KiwiSaver the last thing on your mind? Maybe you were auto enrolled and have ignored it since. Or perhaps you’re somewhere in between? Whatever your situation, it’s highly likely you’re not getting as much...

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Investing Is for the Long Term

mary — Sun, 19 Dec 2021 11:00:12 +0000

This article was published in December 2021. Some information may be out of date. I’m worried. While it’s great to see many new people getting into investing in shares, and others taking more interest in their KiwiSaver accounts as their balances grow, they could be riding for a fall. Read More No paywalls or ads — just generous people like you. All Kiwis deserve accurate...

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Commission for Financial Capability 11 April 2016

mary — Sun, 10 Apr 2016 12:00:00 +0000

Not just a gravy train. Hardly anyone these days questions whether KiwiSaver is a good deal for members. The average employee's contributions are doubled by employer and government contributions. Savings that would otherwise total $100,000 will total $200,000 in KiwiSaver. Meanwhile, non-employees who contribute $1043 a year get $521 from the government, multiplying their savings by 1.5. For them, $100,000 becomes $150,000. That's still pretty good. And the first home incentives add to the attraction for many. However, economists question the value of the scheme for New Zealand as a whole. Are they right?

APN Newspapers 16 March 2012

mary — Thu, 15 Mar 2012 11:00:00 +0000

This article was published on 16 March 2012. Some information may be out of date. In the annals of KiwiSaver history, 2012 will be notable for two things. It will mark the start of a two-year shift away from government input and towards more employee and employer input, and it will be the first year in which members can withdraw their savings in retirement. While there have been minor reductions...

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NZ Herald article 10 May 2010

mary — Sun, 09 May 2010 12:00:00 +0000

This article was published on 10 May 2010. Some information may be out of date. The government’s 2010 Budget included some good news for KiwiSavers. But the question remains: Will that change the minds of those who haven’t yet joined the scheme? The most obvious Budget change is that the top tax rate on PIEs will drop from 30 to 28 per cent on October 1. And the lower PIE tax rates...

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NZ Herald article 17 January 2008

mary — Wed, 16 Jan 2008 11:00:00 +0000

This article was published on 17 January 2008. Some information may be out of date. I feared this would happen. Share markets would go through one of their down periods right after KiwiSaver started, and people would leap to the conclusion that the retirement savings scheme was not a good idea. Sure enough, a story to that effect featured prominently in the Weekend Herald’.

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NZ Herald article 19 December 2007

mary — Tue, 18 Dec 2007 11:00:00 +0000

This article was published on 19 December 2007. Some information may be out of date. People should not be put off joining KiwiSaver because entitlement may eventually occur later My biggest concern about Diana Crossan’s discussion about raising the NZ Super age and cutting KiwiSaver incentives is that it will discourage some people — especially the financially unsophisticated — from joining...

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Other Articles – Mary Holm

Getting a KiwiSaver WOF

Investing Is for the Long Term

Commission for Financial Capability 11 April 2016

APN Newspapers 16 March 2012

NZ Herald article 10 May 2010

NZ Herald article 17 January 2008

NZ Herald article 19 December 2007