QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver results
KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year.
The overall tone for the quarter was cautious optimism, while inflation was a concern, global growth prospects improved, and global equity markets delivered strong returns, particularly for unhedged holdings due to the weaker NZ dollar, says Morningstar director global fund data Greg Bunkall.
The five biggest providers, ANZ, Fisher, ASB, Westpac and Milford accounted for 68% of assets and...MORE»
Nikko relaunches its KiwiSaver propositionTuesday, May 7th, 10:00AM
Nikko has relaunched its GoalsGetter KiwiSaver proposition adding other managers’ funds and making improvements for advisers. MORE» |
Best and worst KiwiSavers according to ConsumerTuesday, April 16th, 10:42AM
Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey. MORE» |
Gender pay gap and not contribution rates disadvantage women on KiwiSaver
Research by Auckland University of Technology for the Retirement Commission points to the gender pay gap as the main cause for women contributing less.
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Minister of Commerce and Consumer Affairs Andrew Bayly says he wants to focus on capital markets and KiwiSaver providers have a part to play.
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Simplicity’s latest private equity investment is an 18.8% share in the parent company of two tax technology companies, Tax Traders and its startup business Taxi.
MORE»Kiwis, depending on their age group, generally want compulsory KiwiSaver
Most Kiwis, bar Millennials, think regular KiwiSaver contributions should be compulsory, a survey has found.
MORE»KiwiSaver portability settings blocking investors from private asset benefits
A legal opinion by law firms Chapman Tripp and MinterEllisonRuddWatts has outlined proposed changes to the KiwiSaver framework to support investment in private assets.
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