Advisers aren’t surprised at New Zealanders’ low levels of understanding about KiwiSaver.
Mercer has released its latest KiwiSaver Sentiment Index, which shows that while a third of New Zealanders think they have a good understanding of KiwiSaver, there are still some big gaps in their knowledge.
Only 31% of working New Zealanders confidently understood that the Government’s maximum tax credit is $521 a year. More than 60% were unsure whether that was the right amount or not...MORE»
Friday, March 7th, 6:00AM
Schemes chosen as the new crop of KiwiSaver default funds this year may find there’s demand from investors who want to opt in, one financial services lawyer says.MORE»
Wednesday, February 12th, 6:00AM
KiwiSaver has changed New Zealand’s managed funds industry but it has had little effect on household finances so far, a superannuation researcher says.MORE»
Having an above-average allocation to global shares pushed ANZ’s OneAnswer Growth Fund to the top of the Melville Jessup Weaver KiwiSaver performance charts.MORE»
Buoyant stock markets helped KiwiSaver growth funds achieve another solid year in 2013, according to new figures by research house Morningstar.MORE»
Advisers may have to wait longer than expected for a boom in demand from KiwiSavers looking for financial advice, new figures suggest.MORE»
The value of assets invested in KiwiSaver has jumped 30% in the last year, but the Government is now chipping in a lot less.MORE»
Information about KiwiSaver funds' investments should be easier to access and understand from today.MORE»