The number of KiwiSaver providers in the New Zealand market may be unsustainable, the head of one of them says.
Mercer NZ managing director Martin Lewington said he could imagine a future where KiwiSaver was offered by a few big providers with multi-sector portfolios.
A few boutique businesses would then operate alongside, differentiating themselves with very specialised offers, such as real assets or investments in New Zealand small-cap companies.
“That could be quite a good business model,” he said...MORE»
Thursday, March 12th, 6:00AM
Smaller providers will have to differentiate themselves to stand out in a KiwiSaver market dominated by banks, an investment analyst says.MORE»
Tuesday, March 10th, 6:00AM
FMA is assessing a complaint about Milford Asset Management’s marketing activities.MORE»
Women need to be encouraged to think about their retirement savings plans, and regularly check they are on track, ANZ’s general manager of wealth products says.MORE»
Questions are being asked about whether KiwiSaver members are switching providers without understanding the consequences.MORE»
The managers of New Zealand’s first Islamic KiwiSaver fund are keen to talk to advisers who would like another option to offer their clients.MORE»
New Zealand’s boutique funds managers are set to benefit from the growth of KiwiSaver, even if they do not operate funds themselves.MORE»
KiwiSaver investors are being told it’s better to focus on finding the right fund for their risk profile than to chase managers based on past performance.MORE»