NZ Herald 2 March 2013
Q&As: What happens if new employer doesn’t take KiwiSaver contributions out of your pay; Property relationship idea not as good as it seems; How one reader contracted out of the Property Relationships Act.
Q&As: What happens if new employer doesn’t take KiwiSaver contributions out of your pay; Property relationship idea not as good as it seems; How one reader contracted out of the Property Relationships Act.
Q&As: Relationship property — when does the clock start ticking?; One way — plus a few others — that a mother could protect her daughter’s inheritance; Trusts not so cheap to set up; Should people get access to their money when KiwiSaver changes?
Q&As: Interest-only mortgages have major flaws; Another — good — approach to reverse mortgages; Are the banks ripping us off with reverse mortgages?; Spending certainly didn’t decrease for this new retiree; KiwiSaver contributions flexible.
Q&As: Beneficiary can do well with KiwiSaver — with help from a Buddy; Elderly couple shocked at how fast reverse mortgage is growing; Should reverse mortgage interest rates be lower?
Let’s not make KiwiSaver compulsory. The words “compulsory” and “KiwiSaver” seem to be appearing more and more often in the same sentence. I don’t like it — but I seem to be in the minority.
Q&As: The pluses outweigh the minuses when putting kids into KiwiSaver; Some thoughts about reverse mortgages; Alternatives to reverse mortgages; An end of year message.
Q&As: Child’s KiwiSaver account highly unlikely to shrink to zero; Family could do its own “reverse mortgage”; Some downsides of reverse mortgages.
Q&As: Reverse mortgages can work well, if you know what you’re doing; Where to get comparable info on KiwiSaver fees; A parent’s worries about KiwiSaver are probably unfounded.
Q&As: Lessons from a bad managed fund investment; An older reader’s tips on money and life; Do parents commit their children to KiwiSaver if they sign them up?; Meaningful Christmas giving.
KiwiSaver thriving …especially among those in their twenties. KiwiSaver is thriving. Most people know by now that more than 2 million — over half the eligible people — are members. But a new report tells more. Far more people are now staying in the scheme after auto enrolment; many are switching from default schemes to something more suitable; and a full three quarters of New Zealanders in their early twenties are on board.