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Advice makes key difference to KiwiSaver

Tuesday 9th of October 2018

Even small amounts of advice are making the difference in getting KiwiSaver members into a suitable fund, Financial Markets Authority director of regulation Liam Mason says.

The FMA has today released its latest KiwiSaver report, showing total KiwiSaver assets rose by $7.8 billion to $48.6b in the year to March. Investment returns rose from $2.7b to $3.2b.

The number of members in...

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Of course it is the responsibility of the insurer to clearly communicate with its Policy holders, and Advisers together, regarding all changes on a Policy. There is at least one insurer that feels that a simple email to the Advisor on every Anniversary renewal is a bit too much for them! The Advisor has to be pro-active and chase renewal communications every year through the Insurer's website. Where is the responsibility of the insurer there?
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