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A strong quarter for share markets has helped KiwiSaver funds back into positive territory. Morningstar’s latest KiwiSaver survey shows all the funds on its database turn in a positive result for the March quarter, after almost uniformly losing money the previous three months. Over the March quarter the S&P/NZX 50 Index was up 11.7%, erasing […]

KiwiSaver fund performance has rebounded in the first few months of 2019, more than recovering last year’s losses after a volatile quarter in the markets saw many member balances dip. In the first three months of 2019, ASB’s growth fund performance was 9.11% after tax and fees, significantly higher than the -8.14% seen in the […]

New Zealand's financial services sector needs more action and less talk to help Kiwis get the best outcomes from their investments, one financial adviser says. Authorised financial adviser John Cliffe spoke at the Retirement Policy and Research Centre and Public Policy Institute forum last week. He said a lack of regulatory action had left many […]

KiwiSaver provider Summer has launched two new funds to complement its Summer Investment Selection and My Plan offers. Summer Investment Committee chair Martin Hawes said the new funds would be known as the Summer Conservative Selection and the Summer Growth Selection. The Summer Investment Selection has also been renamed the Summer Balanced Selection. “The new […]