Articles tagged with 'default funds'
Fisher get KiwiSaver default status
29 December 2022 - Fisher Funds has confirmed that the Minister of Commerce has confirmed the manager's newly acquired business will keep KiwiSaver default status.
Default-Day for KiwiSaver
1 December 2021 - From today, about 233,000 KiwiSaver default fund members will be transferred to new providers after the Government made sweeping changes to the scheme on the morning of Friday, May 14.
KiwiSaver default funds - all you need to know
30 November 2021 - Good Returns has gathered information from the six KiwiSaver default fund providers - everything from fees to customer support and how those funds will be invested.
KiwiSaver funds soar, non-contributors still a worry
28 September 2021 - More than 1.2 million KiwiSaver members did not invest in the scheme in the year to March 31, showing that while KiwiSaver has hit new heights in funds under management, there are big opportunities for providers and advisers.
KiwiSaver: Concern over fee-focused default funds
19 May 2021 - Some industry voices are concerned the new Government approach to default KiwiSaver schemes will not provide the best outcomes for members.
[The Wrap] What we learnt from the great KiwiSaver shakeout
16 May 2021 - There’s something very passive about the active shakeout of KiwiSaver default funds.
How three sacked KiwiSaver default providers reacted
15 May 2021 - Three default providers have names starting with A, but they did not make the A list in the recently announced KiwiSaver shakeout.
Axed KiwiSaver funds haven't done a good job
15 May 2021 - Booster managing director Allan Yeo says retaining KiwiSaver is reward for the firm's engagement with members and low fees.
Bye bye big banks - New KiwiSaver default fund providers celebrate
14 May 2021 - It's been a day of celebrations for KiwiSaver default providers, especially for the two new fund managers - Simplicity and Smartshares.
KiwiSaver shake up not just about fees
14 May 2021 - Head of sales and marketing at Mint Asset Management, David Boyle, says once the new default providers conclude their celebrations, it will be time to get to work.
Fisher Funds - 'not a cut-price fund manager'
14 May 2021 - Fisher Funds chief executive Bruce McLachlan says he is both surprised and disappointed they could not retain their default provider status.
Five KiwiSaver providers lose default status; Two new ones added
14 May 2021 - The government has slashed the number of KiwiSaver default providers from nine to six with five of the existing providers being removed from Dec 1.
Adviser calls to ditch default schemes
24 August 2020 - New Zealand may not need KiwiSaver default schemes at all, one adviser says.
Treasury, MBIE mull options for KiwiSaver default scheme
20 August 2020 - Treasury wanted a reallocation of KiwiSaver default members so that each default scheme had a similar number of members, a regulatory impact statement shows.
Advisers pan KiwiSaver settings
3 December 2019 - Significant changes are needed to the KiwiSaver scheme to stop it funnelling money to the banks, two advisers say.
KiwiSaver providers: Balanced is better – hold the RI
27 November 2019 - Most KiwiSaver providers have rejected the idea of applying “lifestages” settings to default funds – and most think a balanced setting is the best solution. But they're not convinced there should be any obligation to invest responsibly.
Default KiwiSaver scheme set for overhaul
7 August 2019 - Default KiwiSaver schemes may no longer be conservative, and could be forced to charge lower fees, if Government proposals for a revamp of the scheme are adopted.