KiwiSaver – and workplace savings as a whole – are at a cross roads. A big challenge for industry and policy makers is how best to encourage employers to remain engaged in assisting their employees with their savings. That’s according to the Association of Superannuation Funds of New Zealand (ASFONZ) which promotes workplace savings. 1 […]
Author Archives: admin
FundSource shows retail managed funds performance to 31 May 2009
KiwiSaver – 31 May 2009 Sector Top performer in its sector Fund Return over 3 mth Sector Avg over 3 mth Sector Avg over 1 yr Diversified Defensive ASB Firstchoice Active Conservative 4.30% 2.36% 1.80% Diversified Balanced SmartKiwi Balanced 9.23% 4.86% -7.36% Diversified Growth Fisher Funds Growth 20.92% 8.46% -14.43% Note: […]
Fisher Funds KiwiSaver bucks the trend
Fisher Funds is bucking the trend towards consolidation among KiwiSaver providers by launching a new Conservative Fund as part of its KiwiSaver Scheme. The Conservative Fund will be offered to current and prospective Fisher Funds clients in addition to the Fisher Funds KiwiSaver Growth Fund – a fund investing solely in growth assets. Fisher Funds […]
Suspending NZ Super Fund contributions increases burden on future generations: Mercer
Plans to suspend contributions to the New Zealand Superannuation Fund until 2021, announced in today’s Budget, are a short-term action and could bring long-term pain, according to consulting, outsourcing and investments firm, Mercer. Mercer’s New Zealand Business Leader, Martin Lewington, said, “While we recognise the Government is under significant budgetary strain, like many countries around […]