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KiwiSaver membership reached almost 1.2 million people in its second year, a growth of 54%, according to figures released by the Inland Revenue Department (IRD).   “We saw KiwiSaver’s membership reach almost 1.2 million people (1,189,597 as at end of September, 2009), with growth of 54% in that second year,’” Revenue Minister Peter Dunne says.  […]

KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey. A substantial investment market rally has seen the NZ sharemarket up 22%, Australia up 35% and the aggregate global sharemarket up almost 12% since […]

KiwiSaver investors with strong stomachs and funds in high growth, higher risk assets did best as the global market recovery over the past six months, according to a Morningstar Australasia survey. A substantial investment market rally has seen the NZ sharemarket up 22%, Australia up 35% and the aggregate global sharemarket up almost 12% since […]

KiwiSaver Performance Survey – Returns to 30 September 2009   KiwiSaver Performance Survey – Returns to 30 September 2009           Default Options Underlying Manager 3-month (%) 6-month (%) 1-year (%) AMP KiwiSaver (Default) Fund AMP 2.52263 4.44335 2.92895 ASB KiwiSaver Conservative Fund (Default) ASB 3.80984 6.36083 6.05995 AXA KiwiSaver Income Plus […]