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 […]
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UK Pension Transfer Service Insight
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 […]
Retirement policy: Call to start over
New Zealand is spending billions of dollars on KiwiSaver with no clear indication that it is leaving anyone better off, two retirement policy commentators say. Michael Chamberlain, an Auckland actuary and investment adviser, and Michael Littlewood, co-founder of the University of Auckland’s Retirement policy and Research Centre, have released a new report, outlining “133 questions […]
Out of the frying pan into the fire?
Over the lifecycle of a KiwiSaver investment switches will be required at key investor milestones but these can be clunky. Michael Lang talks about the alternatives By now many New Zealanders have successfully navigated their way out of the default scheme they were randomly allocated to, into more growth-orientated schemes. The move has been a good one, […]