Annual reviews ‘not serving clients’
KiwiSaver advisers who are reviewing their clients’ investments on an annual basis probably aren’t serving them as well as they could, the founder of an AI business says.
Clive Fernandes is director of Sevaka, which provides AI support for financial advisers. He also established advice firm National Capital.
He said annual reviews had never been best for clients. “The proof of that is the fact that clients haven’t been responding to the call from advisers to get financial advice.
“There has to be another reason other than clients...MORE»
Give Total Rem the flick if KiwiSaver compulsoryTuesday, June 23rd, 6:00AM
KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion. MORE» |
National plays KiwiSaver cardSunday, June 21st, 5:07PM
National is proposing a range of changes to KiwiSaver if it returns to power, including making the scheme compulsory. MORE» |
Adviser complains about KiwiSaver campaign
[UPDATED - ASB response] A financial adviser worried about ASB’s marketing campaign for its KiwiSaver schemes has taken his complaint to the Financial Markets Authority.
MORE»New fund tool to compare KiwiSaver returns, connect advisers
A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options.
MORE»KiwiSaver balances lift but some members left behind
New data from the Retirement Commission shows balances have increased year-on-year, but some people are still being left behind.
MORE»Call for change in way New Zealanders shown their retirement savings future
New Zealanders may be underestimating how much they need to save for retirement – and calculators that tell different stories aren’t helping, one consultant says.
MORE»KiwiSaver value for money not set and forget
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off.
MORE»