Prime Minister John Key has dismissed comments from Standard & Poor’s analyst Kyran Curry that changes to KiwiSaver will increase national debt levels. Speaking to Radio New Zealand, Curry said that while Government spending did need to be brought under control it should not be at the expense of household savings. His comments came after […]
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Ahead of changes, KiwiSaver popularity rises
KiwiSaver is the third most popular investment class in the country, with 12% of New Zealanders believing it offers the best rate of return, according to the latest ASB Investor Confidence Survey. KiwiSaver came in at joint third with bank savings accounts, behind term deposits in first place with 19% and rental property at 15%. […]
OnePath, two milestones
OnePath has announced it has achieved two KiwiSaver milestones with over 400,000 members enrolled in its four KiwiSaver schemes and $2 billion in funds under management. With nationwide KiwiSaver membership at 1.7 million, ANZ fund manager OnePath now leads the industry with almost one in four KiwiSaver enrolled in its schemes. “We’re proud to have […]
Fisher Funds strikes KiwiSaver deal with Mike Pero
Fisher Funds and Mike Pero Mortgages have announced an agreement for Mike Pero to distribute Fisher Funds KiwiSaver scheme. “This partnership brings together two strong Kiwi brands, leveraging the strengths of each,” said Fisher Funds managing director Carmel Fisher. “Mike Pero has a powerful distribution network throughout the country with superb client relationships and a […]