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KiwiSaver providers can expect pressure to show what value they're giving members, after an analysis prepared for the Financial Markets Authority showed they charge higher fees than comparable British funds. The report, produced by actuaries MJW, was included with this year's KiwiSaver report. It showed that New Zealand fees were higher than those of the […]

KiwiSaver providers are raising questions about a series of prescribed assumptions they will have to use to show clients' KiwiSaver balance projections – including that defensive funds will lose money in real terms each year. The Financial Markets Conduct Amendment Regulations 2019 require annual statements sent to KiwiSaver members from next year to include a […]

A new KiwiSaver scheme launching today will only invest in New Zealand listed companies that have at least one female director on their boards. The scheme – CareSaver – has also committed to share 20% of its investment management fees from its funds with a range of leading charities including the Mental Health Foundation, Forest […]

NZ Funds’ new UK Pension Transfer Service aims to become market leader A market in need of a fresh approach For many years, the United Kingdom pension transfer market has been a murky backwater, with little transparency or regulatory oversight. Transfers to a number of prominent incumbent providers can involve fees of up to 5% of the value […]