Questions are being asked about whether KiwiSaver members are switching providers without understanding the consequences.
In the last two months of 2014, more than 30,000 KiwiSaver members changed provider. On an annual basis, that increased from 126,000 in 2013 to 149,407 in 2014.
Commission for Financial Capability group manager investor education David Boyle said he expected those numbers to grow over the next five years as the market matured. “My concern is around people switching and not understanding the reasons why...MORE»
Monday, February 2nd, 6:00AM
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»
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»
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»