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New Zealand’s fund management industry should do more to help shake Kiwis out of their too-conservative approach to investing, one KiwiSaver manager suggests. Bruce McLachlan, chief executive of Fisher Funds, said his firm’s modelling showed the optimal strategy for a mid-50s investor was to have 60% growth assets at 55 and more than 40% at […]

MPs including the Commerce Minister claim to be part of a scheme that was wound up five years ago. Good Returns checks out the latest register of pecuniary interests to find out where MPs have their money. If the working group pondering potential tax changes for New Zealand alters the incentives around KiwiSaver, most MPs […]

Tax changes to KiwiSaver are needed to encourage New Zealanders to start saving enough for their retirements, an AFA has told the Tax Working Group. Drew Hoffman, an authorised financial adviser at Newton Ross, said New Zealanders were saving too little in KiwiSaver – and the lack of tax incentives on the scheme could be […]

Most KiwiSaver funds reported a negative return for the first three months of this year. Morningstar has released its latest KiwiSaver survey, for the March quarter. It shows funds invested in defensive assets outperformed those with a bias to growth. Morningstar said volatility returned to the markets in the first quarter of 2018 and while […]