Author Archives: admin

KiwiSaver funds ended 2010 strongly with positive returns across all sectors for the December quarter – and the year – according to the latest Mercer KiwiSaver Survey. KiwiSaver growth funds – which have the greatest exposure to shares and property – performed best with a median return of 3.7% for the quarter ended December 31. […]

KiwiSaver has jumped ahead of managed funds and shares as the investment option offering the best returns, and an increasing number of people see the scheme as their primary means of retirement. The findings have been revealed in the latest ASB Investor Confidence Survey which found KiwiSaver the third most favoured investment option behind term […]

Returns to 31 December 2010   Default Options 3-month (%) 6-month (%) 1-year (%) 2-year (%pa) 3-year (%pa) AMP Default Fund 1.86 4.17 4.63 5.55 3.97 ASB Scheme’s Cnsrv (Default) 0.54 3.93 5.69 6.04 4.72 AXA Income Plus (Default) 1.00 4.40 6.22 8.46 4.44 Mercer Conservative (Default) 0.62 2.69 6.34 10.10 5.34 OnePath Conservative (Default) […]

Mike Pero Mortgages has ended its KiwiSaver distribution deal with Huljich Wealth Management, though the company has been tight lipped on the reasons for the move. “All I can say is there are commercial reasons for us not distributing that product and that’s as far as I’d like to go on that,” said Shaun Riley, […]