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The Government's KiwiSaver moves will apply 'competitive pressure' to funds market


The Government s KiwiSaver moves will apply competitive pressure to funds market
14 May, 2021 01:54 AM
3 minutes to read
Finance Minister Grant Robertson has announced a shakeup of Kiwisaver.
Jason Walls is a political reporter for the New Zealand Heraldjason.walls@nzme.co.nz@Jasonwalls92
Finance Minister Grant Robertson says the Government s major KiwiSaver shakeup will apply competitive pressure to other private fund managers to slash their fees.
I think and I hope that this will lead to a greater level of competition, and they will lead to a lowering of fees, he told media this morning.
He said that KiwiSaver fees have been too high for too long and the Government s move will help deliver a much-needed shakeup. ....

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Relief for businesses now available


Relief for businesses now available
Application intake for the spring 2021 payment from Alberta’s small business grant is now open.
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As announced earlier this month, the Small and Medium Enterprise Relaunch Grant program has been reopened for a new payment to businesses affected by the April 2021 public health orders. Eligible organizations can now apply for this additional COVID relief funding.
“We have to be there to help small businesses in Alberta get to the other side of this pandemic. With the expansion of the relaunch grant, we are helping small businesses make it through the third wave of COVID-19. We know the past year has not been easy and are grateful for what all small businesses in Alberta have done to help protect the lives of Albertans in their communities.” ....

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