The Government is progressing reforms to streamline financial services.

On 30 August 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Act 2019 received Royal assent. The Act introduces a licensing regime for administrators of financial benchmarks.

The Ministry of Business, Innovation and Employment (MBIE) sought feedback on an exposure draft of proposed regulations under the Financial Markets (Conduct of Institutions) Amendment Act 2022 regarding the prohibition on certain sales incentives.

The Government is progressing a package of reforms to strengthen New Zealand’s Capital Markets.

Members can withdraw their KiwiSaver savings at the time they qualify for NZ Superannuation (65 years old).

From 2018 to 2024, we held a review into New Zealand's insurance contract law to ensure it facilitates well-functioning insurance markets.

People who do not choose a specific KiwiSaver fund when they start work and are not already a KiwiSaver member are automatically enrolled in a ‘default fund’.

The Ministry of Business, Innovation & Employment is consulting on 2 proposals to strengthen New Zealand’s Capital Markets.

MBIE is responsible for administering certain aspects of the KiwiSaver Act 2006.

The Government is progressing a package of reforms to help ensure our capital markets are working to support a productive economy.