Knowledge still lacking on KiwiSaver
New Zealanders still have a lot of unanswered questions about KiwiSaver, a new survey shows.
The latest ASB KiwiSaver survey shows that 63% of respondents said they needed to save more for retirement and 18% were unsure.
But many did not know what was an appropriate amount to be aiming for.
A full 17% of respondents were unsure how much saving would be required each year in retirement.
A fifth thought the amount required per year was less than $30,000 while another...MORE»
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Advisers face challenging decade
As the end of the decade draws closer, independent advisers face a dual threat: further regulation and lower returns.
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Financial advisers who raised concerns about KiwiSaver have been told a review of default provider arrangements will consider those issues – but not until next year.
MORE»NZ Funds targeting clients' points of pain
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The recent announcement that the NZ Super Fund was considering investing in the Government’s proposed Auckland light rail networks has re-ignited calls for KiwiSaver to be used to fund local infrastructure investments.
MORE»No clear reason for KiwiSaver success
Morningstar says there’s no clear differentiating factor that makes high-performing KiwiSaver funds stand out.
MORE»