Article tagged with 'KiwiSaver'
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Call for transparency to ensure investor confidence
28 Mar 2023 - KiwiSaver providers should tell clients about exposures to Silicon Valley Bank and Signature Bank and put them in context to restore confidence.
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Wealthpoint Nelson Grows Their Revenue and Improves Their Client Experience with a New KiwiSaver Tool
22 Mar 2023 - Nigel Rukuwai’s introduction to this KiwiSaver tool occurred in an unlikely place: the back of a taxi. Returning from a meeting, Nigel’s colleague told him about a tool they had begun using that made it easy to review and recommend KiwiSaver - OMNIMax.
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KiwiSaver managers making excessive profits: Stubbs
14 Mar 2023 - Simplicity cuts KiwiSaver fees and complains other managers are charging too much.
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Call for simple KiwiSaver benchmarks to replace ‘Frankenstein constructs’
01 Mar 2023 - KiwiSaver benchmarks, while fulfilling a government mandate, don’t serve much purpose, a new study says.
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Q4 triage for last year’s KiwiSaver carnage
17 Feb 2023 - A market rally at the end of 2022 saw the value of KiwiSaver assets recover $3 billion in the December quarter, although the market lost 12% for the year, shrinking from $90.2 billion to $86.5 billion.
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Venture capital attracts another KiwiSaver
16 Dec 2022 - Generate is the third KiwiSaver scheme to invest in venture capital putting $20 million into New Zealand’s largest VC firm Movac.
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Median balance at 65 for KiwiSaver drawdown to current 50-year-olds
24 Nov 2022 - Ongoing KiwiSaver contributors aged 50 have an expected median balance of $124,400 in today’s dollars when they turn 65, according to a new report.
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KiwiSaver mirrors difficult market in Q3
18 Nov 2022 - Challenging underlying market conditions experienced over the September quarter were evident in returns listed in the Morningstar KiwiSaver Survey Q3.
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Westpac KiwiSaver picks up new members
08 Nov 2022 - Westpac saw its KiwiSaver FUM fall in the most recent financial year, but it picked up many new members.
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KiwiSaver 2022: higher fees, lower investment returns
04 Oct 2022 - New Zealand’s 3.168 million KiwiSaver members paid $692 million in fees in 2022, a 6.9% increase from the previous year. These fees - a combination of administration and management charges - chewed up more than half of members’ investment returns, which this year dropped 90% to $1.3b.