Author Archives: admin

Access to financial advice is a key KiwiSaver benefit that will help New Zealanders achieve the best possible retirement outcome, Booster’s joint chief executive says, as a new provider takes an aggressive swing at the big guys. New low-fee KiwiSaver provider Simplicity has launched a calculator on its website that is designed to allow members […]

The Government has missed a chance to improve New Zealanders’ retirement investment outcomes, Morningstar research shows. Morningstar has released a new report Mind the Gap, which shows the difference in individual investors’ outcomes compared to the asset class as a whole. It calculates fund returns using asset-weighted calculations as opposed to time-weighted returns and takes […]

KiwiSaver members who received engaging communication about making a fund choice are more likley to switch out of default funds, new research has found. The FMA has reported on its work with Kiwi Wealth, which was designed to determine whether behavioural prompts increased the number of active fund choices members made. New Zealand’s nine default […]

The Government is cautiously supportive of including higher KiwiSaver contribution rate options and “increasing KiwiSaver coverage” but cannot say yet what that might mean. Commerce and Consumer Affairs Minister Jacqui Dean has released the Government’s response to the Retirement Commissioner, Diane Maxwell’s, review of retirement income policies. Maxwell made a range of recommendations as part […]