13 May 19 - Latest figures published today show that KiwiSaver assets have grown to nearly $58.53bn. Over the last quarter (to the end of March 2019), the KiwiSaver pool has grown $1.26bn, 16.5% over the past year.
15 May 19 - Workplace Savings NZ and the Financial Services Council today announced a merger into one single organisation under the Financial Services Council banner from 1 July 2019, creating a membership association of close to 80 organisations.
6 Jun 19 - The announcement yesterday regarding the many KiwiSaver members on the wrong Prescribed Investor Tax Rate (PIR) is a timely reminder to all of the importance of engaging with the details of their KiwiSaver scheme, says the Financial Services Council.
On the eve of its national conference, the Financial Services Council (FSC) has launched a new set of standards and guidance for its members, the FSC Code of Conduct.
Developed over two years by FSC members, the Code of Conduct is designed to build the professionalism of the industry by reinforcing the need for good conduct and a strong consumer-focussed culture.
As a living code, FSC members will work to develop best practice and guidance for the Code’s nine standards, which fall into three core objectives covering ethical, communication and consumer outcomes.