Advisers set clients on right investment path
Investors who work with advisers are on track to achieve better outcomes in their KiwiSaver accounts.
Data from ANZ and Booster shows that KiwiSaver members who work with advisers, as opposed to going it alone or via a bank, have more allocation to growth assets throughout their lives.
At Booster, investors aged between 17 and 32 have 30% higher exposure to growth assets, which chief investment officer David Beattie said was due in part to the effect of unadvised default members ending up in conservative funds...MORE»
What New Zealanders want from KiwiSaver may surprise youWednesday, June 20th, 10:27AM
NZ Funds has conducted some research on what people like and what motivates their decisions when making KiwiSaver decisions. It makes for interesting reading. MORE» |
KiwiSaver must change, providers sayWednesday, June 13th, 6:01AM
Product-based commission should be banned for financial advisers offering advice on KiwiSaver, Milford Asset Management chief executive Troy Swann has told an event in Auckland. MORE» |
Advisers welcome more detailed projections
New Zealand's financial advice sector is cautiously optimistic about plans for KiwiSaver annual statements to show members what their projected balances could produce in income.
MORE»KiwiSaver incentives 'don't help those who need it most'
Concerns about KiwiSaver creating inequity in the retired population would be better tackled by abolishing the scheme entirely than introducing new tax incentives to get people saving more, the working group considering the future of tax policy has been told.
MORE»Is more better, or just confusing?
In our new KiwiSaver column NZ Funds CIO Michael Lang asks whether we have too many KiwiSaver fund options available to investors.
MORE»Conservative attitude a bigger problem than fees: McLachlan
New Zealand's fund management industry should do more to help shake Kiwis out of their too-conservative approach to investing, one KiwiSaver manager suggests.
MORE»KiwiSaver rules for MPs - even if their scheme doesn't exist any more
MPs including the Commerce Minister claim to be part of a scheme that was wound up five years ago. Good Returns checks out the latest register of pecuniary interests to find out where MPs have their money.
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