GoodReturns.co.nz - KiwiSaver

Advisers losing favour with KiwiSaver investors

Financial advisers are losing popularity as a source of information for KiwiSaver members, who prefer to go to product providers or their employers, according to new research.

KiwiSaver providers wary of more regulations

Imposing more regulations on KiwiSaver funds could stifle the best performers, says Fidelity Life chief executive Milton Jennings.

KiwiSaver safe from Budget scalpel

After years of repeated tinkering in successive Budgets, KiwiSaver looks set to finally be left alone this year.

KiwiSaver default provider system slammed

A savings expert has called for a radical overhaul of the KiwiSaver default system, which would see the current default providers lose their "privileged" position in the market.

Aon selling KiwiSaver through RFAs

Aon has developed a unique way of promoting its KiwiSaver scheme, giving Registered Financial Advisers a disclaimer that allows them to inform clients about the scheme without advising on it.

We didn't pay $50 per KiwiSaver member: Fisher

Fisher Funds chief executive Carmel Fisher says her firm did not pay $50 for every Credit Union member who joined her scheme.

KiwiSavers shun financial advice

KiwiSaver investors are more likely to use family and friends than financial advisers as their main source of advice, a new study has found.

[Breaking News] Kiwibank to buy Gareth Morgan Investments

Kiwibank has announced it will buy fund manager Gareth Morgan Investments (GMI), including the Gareth Morgan KiwiSaver Scheme.

Huljich cops big fine for misleading investors

Fees only one part of default fund debate

The fees issue is just one of many around how to get the best out of KiwiSaver default funds, according to Savings Working Group member Paul Mersi.

No implicit Govt guarantee with public KiwiSaver

There would be no implicit Government guarantee with a public KiwiSaver fund, the Green Party says.

KiwiSaver not too big for sharemarket (yet)

Fears that KiwiSaver could swamp New Zealand's small stock market are a long way from being realised, according to new research on the sector.

Bubbles could attract KiwiSaver fly-by-nighters

Market bubbles caused by low interest rates could see speculative KiwiSaver schemes set up to lure unwary investors, Tower Investments chief executive Sam Stubbs warns.

Budget changes hit KiwiSaver’s appeal

Term deposits and rental property remain the investment of choice for the majority of Kiwi's, while Budget changes have dented KiwiSaver's popularity, according to the latest ASB Investor Confidence Survey.

Fidelity KiwiSaver fund hurt by market volatility

One of Fidelity Life's KiwiSaver funds is being buffeted by the same global financial forces which forced the liquidation of the $75 million NZDX-listed Fidelity Capital Guaranteed bonds last week.

Government considers KiwiSaver auto-enrolment

Prime Minister John Key has signalled the Government is considering further changes to KiwiSaver that could see everyone in employment auto-enrolled into the savings scheme.

OnePath and ASB lead the KiwiSaver pack

OnePath and ASB remain the dominant players in the KiwiSaver market, with 45.40% of KiwiSaver assets between them, according to the Morningstar KiwiSaver Performance Survey for the June quarter.

KiwiSaver membership tops 1.75m

Total KiwiSaver membership topped the 1.75 million mark in June despite a downturn in the sign-up rate, according to KiwiSaver provider Tower Investments.

Number of KiwiSaver default schemes ‘worth examining'

Changes to the number and nature of KiwiSaver default scheme providers is "worth examining in slower time", according to a Treasury paper on Budget 2011 KiwiSaver reforms.

KiwiSaver changes “chip away at certainty around retirement planning"

Budget changes to KiwiSaver may make the scheme less attractive for people to join, according to Tower Investments CEO Sam Stubbs.

ASB says KiwiSaver changes won't put investors off

The government's changes to the KiwiSaver scheme aren't likely to put investors off it, says Ian Park, chief executive of retail banking at ASB Bank, the second largest KiwiSaver provider.

KiwiSaver remains best saving option for most, says ISI

Despite the changes to KiwiSaver announced in the last Budget the scheme remains the best long term savings vehicle for most New Zealanders, according to the Investment Savings & Insurance Association (ISI).

More than a third of MPs in KiwiSaver

More than a third of MPs are members of a KiwiSaver scheme, according to the latest register of pecuniary interests.

Key defends KiwiSaver changes against S&P criticism

Prime Minister John Key has dismissed comments from Standard & Poor's analyst Kyran Curry that changes to KiwiSaver will increase national debt levels.

Ahead of changes, KiwiSaver popularity rises

KiwiSaver is the third most popular investment class in the country, with 12% of New Zealanders believing it offers the best rate of return, according to the latest ASB Investor Confidence Survey.

OnePath, two milestones

OnePath has announced it has achieved two KiwiSaver milestones with over 400,000 members enrolled in its four KiwiSaver schemes and $2 billion in funds under management.

Fisher Funds strikes KiwiSaver deal with Mike Pero

Fisher Funds and Mike Pero Mortgages have announced an agreement for Mike Pero to distribute Fisher Funds KiwiSaver scheme.

Budget to include KiwiSaver changes

Government confirmation that changes will be made to the KiwiSaver scheme in the May 19 Budget have prompted fears more uncertainty will undermine savings efforts.

Share performance boosts KiwiSaver returns over March quarter

Strongly performing shares helped offset natural disasters and economic uncertainty enabling KiwiSaver funds to post strong returns for the March quarter, according to the Morningstar KiwiSaver Performance Survey.

Subsidies hampering KiwiSaver - OECD

KiwiSaver's ability to raise overall savings and deepen capital markets is being hampered by "unfocused Government subsidies," according to the OECD Economic Survey of New Zealand.

NZ Funds KiwiSaver gets thumbs up from Lonsec

NZ Funds Management has become the first KiwiSaver manager to have its KiwiSaver scheme portfolios researched by a third-party research house, and has called on all KiwiSaver schemes to undergo a qualitative review.

Easier access to KiwiSaver cash for quake-affected Cantabrians

Commerce minister Simon Power has announced regulatory changes to make it easier for earthquake-affected Cantabrians to access their KiwiSaver cash.

KiwiSaver numbers up ahead of Budget

Total KiwiSaver membership rose 1.8% in March suggesting concerns about possible changes to incentives and an improving jobs market, according to default KiwiSaver provider Tower Investments.

The Morningstar view on KiwiSaver reporting

Regulation for KiwiSaver schemes should place investors at the fore and not be led by product providers, and payments to advisers at the cost of investors should be disclosed, according to Morningstar.

OnePath walks away with KiwiSaver award

OnePath has seen off competition from Fisher Funds and Milford Asset Management to be named Morningstar KiwiSaver Fund Manager of the Year.

The KiwiSaver contenders

March 2 will see either Fisher funds, OnePath or Milford Asset Management emerge triumphant from the Morningstar Fund Manager of the Year Awards having been crowned KiwiSaver Manager of the Year for 2010.

Fidelity Life Options Kiwi named top performing KiwiSaver fund

Fidelity Life's Options Kiwi Fund was named as the best performing KiwiSaver fund out of 120 surveyed by FundSource for the three years to December 31, 2010.

Strong end to 2010 for KiwiSaver

KiwiSaver funds ended 2010 strongly with positive returns across all sectors for the December quarter - and the year - according to the latest Mercer KiwiSaver Survey.

KiwiSaver overtakes managed funds and shares

KiwiSaver has jumped ahead of managed funds and shares as the investment option offering the best returns, and an increasing number of people see the scheme as their primary means of retirement.

Morningstar KiwiSaver Performance Survey

Returns to 31 December 2010