KiwiSaver comparison rules released for comment

Tue, 09 Oct 2012

By Paul McBeth Oct. 9 (BusinessDesk) - Commerce Minister Craig Foss is seeking submissions on draft rules he wants to impose that would lift disclosure requirements for KiwiSaver funds to make it easier for investors to make direct comparisons. Public submissions on the Ministry of Business, Innovation and Employment's draft regulations for KiwiSaver providers are open until Nov. 5, with the new rules set to come into play next year. The draft regulations would require KiwiSaver schemes to publish consistent and comparable information about...

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