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NZ Funds announced today that its top rated KiwiSaver Scheme received an allocation of Lyft shares which listed on the Nasdaq on Friday 29 March 2019 and traded at a 21% premium to its issue price. NZ Funds is thrilled to announce that investors in our KiwiSaver Scheme 1, Superannuation Scheme and certain Managed Portfolio Service growth orientated portfolios […]

Is regulated financial advice of value? In 1989, to keep me out of trouble, my parents sent me to school in Berlin. To their horror, shortly after I arrived, the Berlin Wall fell. One of my more vivid memories is of visiting my first East German supermarket with only one brand of anything on the shelf. One […]

KiwiSaver provider AMP says its latest marketing campaign has encouraged more than 100,000 customers in its default fund to make an active choice about their investments. The Is it Me campaign has reached 86% of its goal for AMP customer switches. “By switching our customers into a potentially higher returning fund, we can make their […]

Kiwi Wealth is reducing its annual management fee for its conservative KiwiSaver fund from 1% to 0.83%. The move is one of several changes to Kiwi Wealth’s fee structure for its KiwiSaver cash, conservative, balanced and growth funds.  The fee reductions will result in estimated cumulative savings of approximately $2.5 million per year for the […]