[GRTV] What needs to change with KiwiSaver

Consilium's KiwiWrap KiwiSaver offering has been off to a slow start but its starting to make good headway, Alman says.

He says KiwiWrap is "vastly different" to other schemes and "we always knew it would be a slightly harder road to hoe."

The scheme is a full advice model and advisers can access more than 400 securities, and to build a portfolio.

Currently it has $77 million in funds under management, but "we're making headway and getting strong flows," Alman says on Good Returns TV.