Fisher Funds appoints Simon Power to replace Bruce McLachlan

Simon Power: from TV boss to KiwiSaver CEO. (Image: Supplied)

Mon, 13 Nov 2023

Former John Key era commerce minister and TVNZ chief executive Simon Power will take the helm at KiwiSaver provider Fisher Funds following the announcement that Bruce McLachlan will retire next February after seven years in the role. Power left politics to spend 10 years in institutional banking at Westpac New Zealand before a brief stint at the state-owned broadcaster, where he left rather than see through a now-doomed merger with Radio NZ that was promoted by the outgoing broadcasting minister, Willie Jackson. McLachlan oversaw the...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 2:30pm

Policy

Govt to toll three new highways

The Transport Minister has unveiled reforms to support more toll roads.

Oliver Lewis 2:10pm

Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 10:30am

Cannasouth delisting keeps Petterson in charge

Sponsored

Why Kiwis are embracing Bitcoin ETFs

The once hard-to-access investment option is becoming mainstream.

Smart

Sponsored

Boost worker health, boost results

Research shows flexible workspaces improve health and productivity

Regus

More KiwiSaver

Markets

More scope for KiwiSaver private investment, despite IMF's Aussie concerns

Greg Hurrell 03 Dec 2024

News in Brief

Booster Innovation Fund takes a hit

KiwiSaver provider Booster has written down the value of its Booster Innovation Fund by $664,000 following a decision by one of the 44 businesses in the fund that it will be placed in liquidation.The firm cannot yet be named.The fund is a small part of the total Booster KiwiSaver...

Staff reporters 26 Nov 2024