KiwiSaver providers told to review fees annually by regulator
13 Apr, 2021 05:00 PM
5 minutes to read
KiwiSaver fund managers have been told they should be undertaking an annual review of their fees. Photo / File
KiwiSaver fund managers have been told they should be undertaking an annual review of their fees. Photo / File
KiwiSaver providers have been told they must review their fees annually and prove they are providing value for money or face potential regulatory action. The Financial Markets Authority has released guidance to fund managers and their supervisors over fees amid concerns that KiwiSaver members are not getting good value for money.
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Answer: Understanding food labels can go a long way in managing your diet. The Food and Drug Administration (FDA) Nutritional Facts labels were updated in 2020 to help people better recognize healthier choices.
The FDA required manufacturers with $10 million or more in annual sales to update their labels by Jan. 1, 2020, and those manufacturers with less than $10 million in annual food sales to update their labels by Jan. 21, 2021. Companies that produce single-ingredient sugars, such as honey and maple syrup and some cranberry products have until July 1, 2021, to make changes.
Scientific studies from the National Academies of Science, Engineering, and Medicine, formerly known as the Institute of Medicine, played a big role in the label changes. Some vitamin information, such as vitamin D and potassium, were added because studies found Americans tend to be deficient in those nutrients. âAdded sugarsâ is a new entry because these food choices increase the risk o
Dora Nginza Hospital staff protest over PMDS payment
Yolanda Palezweni Digital Reporter 12 April 2021
Several staffers at Dora Nginza Hospital downed tools on Monday as they embarked on a protest over Performance Management Development System (PMDS) payments.
Nehawu regional secretary Sweetness Stokwe said the main reason for the strike was to address the issue of some public servants not receiving their payment increments for two years.
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