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Press Release Information

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| item | information | date
  Press Release
What is Happening with Mortgage Trusts

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5.8.08
  Press Release
Sean Carroll Appointed Chair of  ISI


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18.10.07
  Press Release
KiwiSaver Safe for Investors

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3.7.07
  Press Release
High Public Interest in KiwiSaver


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29.6.07
  Press Release
Government's Bold Step Will Ensure KiwiSaver Success

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17.5.07
  Press Release
Tax Changes for Savings and Investment Welcomed by Industry


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6.12.06
  Press Release
Managed Fund Industry Supports Drive for Improved Financial Capability of Individuals

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1.12.06
  Press Release
Life Insurance Continues to Grow Strongly


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29.11.06
  Press Release
Industry in Full Support of Review of Financial Products and Providers

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31.8.06
  Press Release
Investment Managers Support Taxation Changes for Savings


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30.8.06
  Press Release
Industry Support KiwiSaver Enhancements

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24.8.06
  Press Release
Review of Taxation of Life Insurance Welcomed by Industry


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17.8.06
  Press Release
Underinsurance a Growing Problem

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2.3.06
  Press Release
ISI Supports KiwiSaver


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28.2.06
  Press Release
Taxation of Investment Income

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10.10.05
  Press Release
Industry Supports Workplace Savings Budget Announcements


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19.5.05
  Press Release
Savings Industry Pleased that Call for Taxation Neutrality has been Answered


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19.5.05
Press Release
Opportunity for a Lifetime
Savings Industry Support NZ Institute Research


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6.4.05
Press Release
Industry Welcomes Securities Commission Findings


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3.2.05
Press Release
Life Insurance Growth


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30.11.04
Press Release
Life Insurance Statistics


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17.9.04
Press Release
Industry Pleased with Workplace Savings Report


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15.9.04
Press Release
Response to Gareth Morgan's Article on Managed Funds


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16.7.04
Press Release
Response to Consumer Article on International Equity Funds


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8.7.04
Press Release
Industry Comment on Consumer Article - Balanced Managed Funds Remain a Sound Investment


"The review of a selection of balanced funds released by Consumer today takes a very narrow focus and does a disservice to savers seeking useful financial analysis. Consumer has reviewed approximately 5% of a $44 billion industry", said Vance Arkinstall, CEO, Investment Savings and Insurance Association.

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21.5.04
Response by Vance Arkinstall, CEO, ISI
to the Consumer Article "Savings Scandal: Where has your money gone?"

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17.5.04
Press Release
SAVINGS DOES MATTER

Mr Littlewood's article in the NZ Herald on Thursday 29 April, claiming that new Treasury research suggests New Zealanders are not bad savers does a disservice to the research and ignores the risks that an ageing NZ population faces.

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30.4.04
Press Release
Fragile State of Superannuation Policies

"The recent announcement by the Greypower National Vice President, Mr Chapman, sends a strong signal that New Zealand’s existing superannuation and savings policies are not working for the elderly", said Vance Arkinstall, CEO, Investment Savings & Insurance Association ("ISI").

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31.3.04
Press Release
ISI Calls for Government Action in Wake of PRG Report

The Investment Savings and Insurance Association (ISI) wants stronger recommendations and Government action from the findings presented in the latest PRG 2003 report released in late December last year.

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27.1.04
Press Release
Fund Management Industry Body Confident that No Illegal Practices Occurring in NZ

"The Investment Savings and Insurance Association (ISI) is not surprised to hear that the Securities Commission may be considering an investigation into the practices of fund managers and is confident no illegal actions have occurred", said ISI Chief Executive, Vance Arkinstall.

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14.1.04
Press Release
PRG Report Welcomed

The Investment Savings and Insurance Association ("ISI") today welcomed the release of the Periodic Report Group's Retirement Income Report 2003.

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19.12.03
Press Release
Review of Life Insurance Act Welcomed

The release of the discussion paper on the review of the Life Insurance Act has been warmly welcomed by the life insurance industry.

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18.12.03
Press Release
Government  Move Supported

The Investment Savings and Insurance Association supports the Government’s initiatives to develop retirement savings for state sector employees.

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5.11.03
Press Release
Government  Needs  to Encourage NZ Investors

"The announcement by the Revenue Minister, Dr Michael Cullen, to the Institute of Chartered Accountants in Auckland, warning that the Government would move to prevent New Zealand investors using certain overseas funds to escape tax only serves to highlight the importance of the savings industry’s repeated calls for reform of taxation on savings", said Mr Arkinstall, CEO of the Investment Savings and Insurance Association.

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7.08.03
Press Release
Issues Paper on Savings Released

The first draft of an issues paper on savings was released today in the lead up to a Savings Forum to be held in late July.

The paper has been prepared by economist Peter Harris to provide background material for the Forum, which is being co-ordinated by the Investment Savings and Insurance Association.

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6.06.03
Press Release
Saving New Zealand launched

Saving New Zealand, a project designed to encourage a more positive environment for savings, is being launched today by the Investment Savings and Insurance Association (ISI).

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26.05.03
Press Release
Personal Savings is also an Important Issue

"The National Party announcement on Friday 14 February 2003 that "there would be four main issues it would put its name on this year, economic growth, welfare dependency, one standard of citizenship and education", will be received with dismay by New Zealanders," said Vance Arkinstall, CEO, Investment Savings and Insurance Association (ISI)

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17.02.03
Press Release
GST will Disadvantage Savers

"The Government Discussion Document released last week raises the prospect of applying GST on the management fees of savings through managed funds. This prospect should be of major concern to all New Zealanders," said Vance Arkinstall, Chief Executive of Investment Savings and Insurance Association.

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14.11.02
Press Release
Super

"The Budget’s lack of commitment to encourage increased personal savings levels is a disappointment," said Vance Arkinstall, CEO, Investment Savings & Insurance Association.

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23.5.02
Press Release
More Tinkering Around the Edges!

"The announcement by the Minister of Finance that the Government is "keen on the introduction of the McLeod Committee, Risk Free Rate of Return proposal" should be a matter of concern to savers in New Zealand," said Mr Arkinstall, Chief Executive, Investment Savings and Insurance Association.

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01/03/02

Press Release
Industry Supports Securities Commission Recommendations to Change

"The Securities Commission’s recommendations for changes to the law relating to investment advisers are welcomed by the Investment Savings and Insurance Association (ISI)," said Vance Arkinstall, Chief Executive.

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25/2/02
Press Release
Tax Review - Opportunity for Rigorous Debate

"The investment and savings industry hopes that the invitation to subject the Tax Review 2001 Final Report to rigorous scrutiny and lively open-minded debate will be exercised," said Vance Arkinstall, CEO, Investment Savings and Insurance Association (ISI).

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25/10/01

Press Release
Suspension of Trading in Unlisted Managed Investments

The Investment Savings and Insurance Association today advised investors in public unit trusts and superannuation funds of moves to suspend trading in unlisted managed investments.

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12/9/01
Press Release
ISI Supports Securities Commission

The Investment Savings and Insurance Association (ISI) supports the Securities Commission’s move to conduct a review of the Investment Advisers (Disclosure) Act.

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29/8/01
new

Press Release
Old Age no Fun Without Savings

"The Investment Savings & Insurance Association welcomes the survey of Living Standards of Older New Zealanders, released by the Ministry of Social Policy, as a valuable contribution to research on preparing for retirement," said Vance Arkinstall, CEO, ISI.

 click here to view it online

11/7/01
Press Release
Tax - Time for a change

The Investment Savings & Insurance Association (ISI) commends the Government for commissioning the McLeod Tax Review and believes it provides a valuable stocktake from a qualified group of recognised tax experts on the strengths and weaknesses of the New Zealand taxation system. The McLeod report comes nearly 20 years since the last major review.

 click here to view it online

27/6/01
Press Release
NZ needs Superannuation Policy that Integrates Public and Private Efforts

The Investment Savings and Insurance Association expressed some support for the New Zealand Superannuation Bill when it presented its submission to Parliament’s Finance and Expenditure Select Committee this afternoon in Wellington.
The ISI submission calls, however, for wider consideration of the total retirement planning issue.

 click here to view it online

26/4/01
Press Release
Cullen on Right Track with Superannuation

Following today’s address in Wellington by Dr Cullen on Superannuation, the Chief Executive of the Investment Savings and Insurance Association (ISI), Vance Arkinstall, said "I was encouraged by Dr Cullen’s willingness to create a savings friendly environment and his recognition of the need for co-operation between the savings industry and Government." 

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19/4/01
Press Release
Encouragement for Savings

"An increasing number of New Zealanders recognise the need to save for retirement, says Paul Fyfe, Chairman of the Investment Savings and Insurance Association (ISI).          

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22/8/00
Press Release
Government Sends a Strong Signal on the Need for Private Savings

The Investment Savings and Insurance Association support the Minister of Finance's recent statement that New Zealanders "should aspire to a retirement income that is better than that offered by New Zealand Super."          

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20/7/00
Press Release
Government Plans to Encourage Superannuation Welcomed

The industry welcomed today’s announcement by the Minister of Finance, Dr Cullen, which reinforces that long-term savings are important to the Government and New Zealanders.          

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27/3/00
Press Release
Government Plans to Encourage Superannuation Welcomed

The industry welcomed today’s announcement by the Minister of Finance, Dr Cullen, which reinforces that long-term savings are important to the Government and New Zealanders.          

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27/3/00
Press Release
Government Right to Tackle Superannuation

The ISI agrees that New Zealand faces a major challenge from an ageing population as expressed by the Minister of Finance in his Budget Policy Statement.

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9/3/00
Press Release
Superannuation Discussion Welcomed

The industry welcomes the news that the Government Actuary will be issuing a discussion document seeking industry views on how to define a superannuation scheme.

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8/3/00
Press Release
Industry Commends Government Initiative

The Government is to be commended on its realistic and positive approach to encourage superannuation savings from higher income earners from 1 April.

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21/2/00
Press Release
Key Issues Still Tax and Savings

Key issues for the financial services industry are tax neutrality and Government policy on retirement savings.

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28/9/99
Press Release
Increased Awareness of the Need to Save - Survey Results

The latest SaverPulse survey results for the June quarter shows increasing public recognition of the need for people to save for their retirement.

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13/8/99
Press Release
Survey Results Indicate that the Call for Compulsory Superannuation has Increased

The latest SaverPulse survey results for the quarter ending March show that the public are increasingly concerned by the current lack of direction on savings policies.

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24/6/99
Press Release
Ad Hoc Changes to Tax System not the Answer

The ISI would not support moves to fund tax cuts by increasing the rate of GST

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23/6/99
Press Release
Call for Compulsory Superannuation Remains High

The results of the latest SaverPulse research shows that 57% of the population continue to be in favour of some form of compulsory savings scheme

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1/3/99
Press Release
Industry Support Superannuation Taskforce

The investment and savings industry is delighted with the makeup of the Superannuation 2000 Taskforce and the proposed terms of reference announced by the Minister of Social Services.

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17/12/98
Press Release
Multi-Party Agreement Essential for Savings Success

"The Investment Savings and Insurance Association is pleased that Government in last weeks Budget Policy Statement 1999, identified the need to encourage savings and investment within a stable and neutral environment as one of its key priorities...

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16/12/98
Press Release
Public Require Direction on Superannuation

"The results of the latest SaverPulse™ research shows a reduction in the number of people saving for retirement," said Vance Arkinstall, Acting Chief Executive of the Investment Savings and Insurance Association.

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27/11/98


Press Release
Government Must Remove Disincentive to Savings

"The defeat of the TOLIS legislation and the failure of the MMP process to identify any acceptable alternative has resulted in politicians sending a most unfortunate signal particularly to low income savers," said Mr Vance Arkinstall, Acting Chief Executive of the Investment Savings and Insurance Association.

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19/11/98


Media Release
Change of Heart Penalises Low Income Savers

The Investment Savings and Insurance Association is bitterly disappointed that NZ First failed to support the Government when it presented the Tax Credit System (TOLIS) Bill in the House today, says Vance Arkinstall, Acting Chief Executive of the Investment Savings and Insurance Association.

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5/11/98


Media Release
Low Income Savers Receive Benefit

"The confirmation by NZ First of its support for the Tax Credit System (TOLIS) legislation is good news for low income savers. This provides the Government with the necessary numbers to move quickly and pass this legislation," says Vance Arkinstall, Acting Chief Executive of the Investment Savings and Insurance Association.

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30/10/98


Media Release
Action needed on super policy

New research shows debate and publicity since the time of last year’s super referendum has failed to encourage more people to save. The Investment Savings & Insurance Association (ISI) has received research indicating there is no evidence more people are saving for their retirement than were doing so a year ago.

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25/9/98

Long Term Certainty Essential for Super
The Investment Savings & Insurance Association (ISI) is pleased that Government is taking superannuation seriously and welcomes the opportunity to be part of any group that is formed to look at superannuation issues, provided it has broad-based political and public support to ensure certainty and stability over the long term," says Vance Arkinstall, Acting Chief Executive of ISI.
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30/9/98

Request for Government to Take Lead
The finance sector has renewed its call for the Government to take the lead in developing a nationally accepted policy on retirement income
. click here to view it online
10/9/98

ISI Report Urges Actions on Super
A major investment and savings group has today issued a report calling for the Government to place the issue of retirement savings on its agenda as a matter of high priority.
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18/6/98

ISI Report a "Wake Up Call"
An ISI (Investment Savings & Insurance Association of New Zealand Inc) report to be released next week builds on the work of the Todd Task Force and Periodic Reporting Group, and aims to address the complacency that has developed around the retirement income issue
click here to view it online
11/6/98

Backgrounders 18/6/98

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