Covid withdrawals possible 'but not always desirable'
KiwiSaver members are being told they may be able to withdraw their money to help them through tough financial times caused by Covid-19 – but the decision should be made carefully.
Retirement Commissioner Jane Wrightson said it was understandable that many KiwiSaver members facing financial hardship were turning to their funds as a potential source of short-term income, but there was a range of options they could consider first.
“While your circumstances may qualify for withdrawal under significant financial hardship, taking out money now may severely...MORE»
Is your KiwiSaver manager diversified?Monday, March 9th, 8:00AM
Michael Lang looks at KiwiSaver asset allocation and discusses the benefits of diversification. MORE» |
FSC questions fossil fuels decisionMonday, March 2nd, 9:35PM
The Financial Services Council has sounded the alarm over the “politicisation” of KiwiSaver. MORE» |
How active is your KiwiSaver manager?
Active v passive – a popular discussion topic. Michael Lang discusses the features and benefits of both options.
MORE»Generate offers compensation
Hacked KiwiSaver provider Generate is offering to reimburse members for replacement identification documents, or waive their fees.
MORE»Providers disagree on active advantage for responsible investment
Newcomer kōura is taking aim at a KiwiSaver provider's claim that active management provides an edge in catering to consumers' responsible investment demands.
MORE»Generate: Advisers dealing with questions
KiwiSaver provider Generate is encouraging advisers to refer clients who are worried about its recent hack back to its website.
MORE»Morningstar: Don't expect another 2019
Investors are still being rewarded for taking risk – but there may not be another year like 2019 for some time, Morningstar’s director of manager research for Asia-Pacific Tim Murphy says.
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