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.
The Amanah KiwiSaver Plan has been registered for business since mid-last year but barrister Brian Henry of Goldman Henry, which operates the fund, said it had been collecting members on the basis of word-of-mouth referrals.
Saturday marked the official launch of the fund with fewer than 200 members so far. Henry said there had been a delay putting the finishing touches on the Islamic advisory board, which includes two sheikhs...MORE»
Thursday, January 29th, 6:00AM
New Zealand’s boutique funds managers are set to benefit from the growth of KiwiSaver, even if they do not operate funds themselves.MORE»
Friday, January 23rd, 6:00AM
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»
KiwiSaver members in default schemes may have missed out on as much as $200 million in performance returns over the past 12 months because they are not in the right scheme.MORE»
There are calls for advisers to be more proactive about encouraging KiwiSaver members to seek advice.MORE»
A strong local bias in KiwiSaver and non-KiwiSaver investments is leaving New Zealand investors vulnerable in the event of an economic crisis, one fund manager says.MORE»
A lower Kiwi dollar may make KiwiSaver funds invested internationally look more appealing.MORE»
There’s a suggestion New Zealand KiwiSaver schemes could face a fee crackdown similar to that being suggested in Australia.MORE»