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Concerns over KiwiSaver fund management have led to the government fast tracking work to ensure the integrity of KiwiSaver is maintained for the 1.3 million people and $4.88 billion of their money invested in the scheme. Minister of Commerce Simon Power says in recent weeks there has been growing concern regarding the regulation of KiwiSaver […]

The government has proposed it will review the tax treatment of annuities in response to the Capital Markets Development (CMD) Taskforce recommendation and the financial adviser industry says the review is a must because of KiwiSaver.   The CMD Taskforce recommended that the government should support the development of the annuities market and Taskforce chairman […]

AMP dominated KiwiSaver fund growth in the December 2009 quarter with its conservative, balanced and growth funds all the best performers toppling Huljich Wealth Management from the top. FundSource’s Latest KiwiSaver Report showed that AMP’s KiwiSaver Conservative Fund produced a return of 2.19%, its AMP KiwiSaver ING Balanced Fund a return of 5.03% and its […]

KiwiSaver Performance Survey – Returns to 31 December 2009     KiwiSaver Performance Survey – Returns to 31 December 2009             Default Options 3-month (%) 6-month (%) 1-year (%) 2-year (%pa) AMP KiwiSaver (Default) Fund 1.87 4.44 6.78 3.94 ASB KiwiSaver Conservative Fund (Default) 1.23 5.09 6.43 4.24 AXA KiwiSaver […]