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    4 August 2016

    Work to do on corporate governance disclosure, FMA finds

    Media Release
    MR No. 2016 – 23
    4 August 2016

    New Zealand listed companies publicly disclose about two-thirds of the corporate governance information that the FMA believes would be useful to investors. However, on average, unlisted companies provided only 24% of the recommended governance information.

    The FMA has completed a review of corporate governance disclosures by 45 companies, listed and unlisted. Good corporate governance is one of the FMA’s strategic priorities because it is an importa…

    http://fma.cwp.govt.nz/news-and-resources/media-releases/work-to-do-on-corporate-governance-disclosure-fma-finds/

  1. 23 May 2019

    Superannuation schemes

    Superannuation schemes are managed fund investments. When you save via a superannuation scheme, your money is pooled with other New Zealander’s in your scheme and is spread across different kinds of investments. Some schemes offer additional benefits such as life or disability insurance. If you’re considering joining a workplace savings scheme instead of KiwiSaver, make sure you compare the benefits first.

    http://fma.cwp.govt.nz/investors/kiwisaverandsuperannuation/superannuation-schemes/

    8 June 2017

    FMA announces methodology for KiwiSaver fee disclosure

    Media release
    MR No. 2017 –23
    8 June 2017

    The Government has recently introduced regulations requiring KiwiSaver providers to disclose fees in dollars in members’ annual statements. The Financial Markets Authority (FMA) has been consulting on a methodology that will assist KiwiSaver providers to understand the requirements of those regulations.

    The FMA today announced its decision on the methodology for calculating the fees charged to members by dollar value.

    The FMA’s preference is for Kiwi…

    http://fma.cwp.govt.nz/news-and-resources/media-releases/fma-announces-methodology-for-kiwisaver-fee-disclosure/