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Last Article Uploaded: Tuesday, September 27th, 9:20PM
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Fees in dollar terms? Easier said than done

Work is under way to require superannuation savings scheme providers to report on their annual fees in dollar terms – but some providers say that might be harder than some expect.

Wednesday, September 28th, 6:00AM

The Financial Markets Authority, Commission for Financial Capability and Ministry of Business, Innovation and Employment are working on a project that could lead to some fund managers being required to change the way they disclose fees.

MBIE financial markets manager James Hartley said the Commerce Minister had commissioned work on annual statement reporting of KiwiSaver, superannuation and workplace savings schemes earlier in the year...MORE»

Craigs schemes get rebrand

Wednesday, September 21st, 6:00AM

Craigs Investment Partners is renaming both its KiwiSaver schemes in a bid to improve clarity for consumers.

MORE»

Work to change fee disclosure

Monday, September 19th, 11:55AM

A working group has already begun to look at ways that KiwiSaver fees could be reported with more transparency.

MORE»

 

Previous News

Hawes and Forsyth Barr launch 'Summer' KiwiSaver

Monday, September 19th, 11:00AM

[UPDATED] A financial adviser is taking a key role in Forsyth Barr scheme and says there is now a commercial incentive for other AFAs to get involved with KiwiSaver.

MORE»

Simplicity open for business

Wednesday, September 14th, 10:59AM

New low-fee KiwiSaver provider Simplicity has started accepting enrolments.

MORE»

KiwiSaver puts squeeze on

Monday, September 12th, 6:00AM

Flows of KiwiSaver money into New Zealand equities are putting pressure on the market and could make it hard for managers to cash out if they want to, it has been claimed.

MORE»

KiwiSaver members lack knowledge on fees

Friday, September 9th, 5:59AM

Most New Zealanders are clueless about KiwiSaver fees and not much better informed about their funds’ performance, a new survey has shown.

MORE»

Generate rakes in new FUM

Thursday, August 25th, 9:04AM

Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows.

MORE»

MORE NEWS»

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Latest Comments
  • Commission ban 'errant nonsense'
    “I'm inclined to agree with you some of the way mike, but I do tend to wonder about the fees or commissions that I'm not seeing. If...”
    14 hours ago by henry Filth
  • Warminger faces $1m penalty per trade
    “I note that A2 Milk is mentioned in the article; "Shares in A2 milk had dropped substantially, which caused a decline in...”
    21 hours ago by Another AFA
  • Warminger faces $1m penalty per trade
    “I do not know the details but believe it is important that this action is brought based on an accusation that a law has...”
    22 hours ago by Tash
  • Significant disclosure 'still lacking'
    “A couple of comments from fund managers on this topic are, let’s be polite, not absolutely correct. Mr Berry says “investors...”
    1 day ago by Brent Sheather
  • Dormant products drive replacement business: Adviser
    “Dirty Harry, unfortunately you are right and this did happen as time rolled on until vesting occurred. I am sure you as I...”
    1 day ago by Backstage
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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.59 4.75 4.79 4.99
ANZ Special - 4.25 4.29 -
ASB Bank 5.55 4.69 4.75 4.89
ASB Bank Special - 4.25 4.29 4.34
BankDirect 5.55 4.69 4.75 4.89
BankDirect Special - 4.25 4.29 4.34
BNZ - Mortgage One 6.25 - - -
BNZ - Rapid Repay 5.70 - - -
BNZ - Special - 4.29 4.29 4.49
BNZ - Std, FlyBuys 5.64 4.85 4.89 4.99
BNZ - TotalMoney 5.64 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 5.95 4.99 4.99 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heretaunga Building Society 5.60 4.85 4.90 -
Housing NZ Corp 5.55 4.69 4.75 4.89
HSBC Premier 5.75 4.19 4.19 4.49
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - - 3.79 -
ICBC 5.60 4.39 4.69 4.99
Kiwibank 5.25 4.70 4.75 4.29
Kiwibank - Capped - - - -
Kiwibank - Offset 5.25 - - -
Kiwibank Special - 4.19 4.19 -
Liberty 5.69 - - -
Napier Building Society 6.50 5.80 6.70 -
Nelson Building Society 6.10 4.85 4.99 -
NZ Home Loans 5.45 4.69 4.75 4.75
NZ Home Loans - Specials - - - -
Lender Flt 1yr 2yr 3yr
NZ Home Loans - Specials - 4.19 4.19 4.29
Perpetual Trust 7.70 - - -
Resimac 5.19 4.94 4.90 4.91
SBS Bank 5.54 4.75 4.89 4.99
SBS Bank Special - 4.25 4.15 4.55
Sovereign 5.65 4.69 4.75 4.89
Sovereign Special - 4.25 4.29 4.34
The Co-operative Bank 5.45 4.25 4.35 4.49
TSB Bank 5.54 4.75 4.75 4.99
TSB Special - 4.25 4.19 4.59
Wairarapa Building Society 6.20 5.75 5.95 -
Lender Flt 1yr 2yr 3yr
Westpac 5.65 4.79 4.85 4.99
Westpac - Capped rates - 5.15 5.25 -
Westpac - Offset 5.65 - - -
Westpac Special - 4.25 4.29 4.49
Median 5.65 4.69 4.75 4.89

Last updated: 26 September 2016 9:58am

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The maximum remuneration model for Australian life insurance advisers is to be set at what?

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