New Zealanders with memories of financial crisis pain may be letting misinformation get in the way of retirement savings, a new survey shows.
The Commission for Financial Capability has released the results of its survey of 2200 people, which asked why people joined KiwiSaver, or what put them off.
The most common reason to enrol was to save for retirement. One in three cited this reason.
That was followed by the $1000 kickstart, which is no longer available.
A third of people who’ve never signed up said they had concerns about the scheme, compared with 17% of active members...MORE»
Tuesday, April 26th, 12:11PM
More than a third of New Zealanders would be willing to use money from their KiwiSaver accounts to pay for advice on what to do with it, ANZ research shows.MORE»
Wednesday, April 20th, 8:52PM
More conservative KiwiSaver schemes are starting to get their chance to shine.MORE»
Three-quarters of all KiwiSaver members have no idea how much money they will have in their accounts when they reach retirement, a new survey shows.MORE»
Pie Funds is shelving plans to launch a KiwiSaver scheme, for now.MORE»
New Zealand fund managers and advisers are switching on to responsible investing, it has been claimed.MORE»
A KiwiSaver provider offering members the ability to pick the assets their retirement savings are invested in says only a small percentage of investors want to take such a hands-on approach.MORE»
New Zealand’s only shariah-compliant fund manager has amassed $8.5 million across its KiwiSaver and unit trust in its first year in business.MORE»