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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 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 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 […]

Government confirmation that changes will be made to the KiwiSaver scheme in the May 19 Budget have prompted fears more uncertainty will undermine savings efforts. The Government is believed to be considering cuts to the $20 a week Government subsidy which costs the taxpayer $662 million a year. Prime Minister John Key and Finance Minister […]